• The industrial market experienced 448,000 sq. ft. of net absorption during Q2 2021.

 

• 4,710,000 sq. ft. of industrial construction is underway across the Triad, including 1.8 million sq. ft. of speculative development

 

• Overall industrial vacancy increased 4 basis points quarter-over-quarter to 4.54%. 

 

• Asking rates increased 3.17% quarter-over-quarter to $4.82 per square foot.