• The vacancy rate and availability rate both declined 38 bps to 5.0%.
• Construction is complete on the new 93,500-sq.-ft. manufacturing building at 2855 Innovation Way. Sani-Matic is currently leasing the entire property.
• Industrial sales amounted to $22.0 million in H1 2019, down from $27.4 million in H2 2018.
• The largest transaction of the first half was the sale of a two-property portfolio totaling 114,500 sq. ft. for $4.3 million. The properties at 2417 Badger Road and 2510 West Beltline Highway were purchased by Elizabeth Props and sold by Mustang Properties LLC in January 2019.