• The industrial market experienced 246,000 sq. ft. of net absorption during Q1 2021
  • 4,090,000 sq. ft. of industrial construction is underway across the Triad
  • Overall industrial vacancy declined 30 basis points quarter-over-quarter to 4.5%, a record low since CBRE started tracking the Triad industrial market
  • Asking rates increased 3.86% to $4.67 per square foot