• The Northeast Industrial Corridor finished 2020 with net absorption eight million sq. ft. greater than 2019.
  • Overall asking rents increased $0.25 for the year over 2019.
  • Vacancy is down for the region and asking rents are up quarter-over-quarter.
  • Unprecedented online sales growth continued to lead to significant leasing activity from e-commerce operators, especially near urban cores.
  • Capital markets saw sharp increases in both quarterly and 12-month average rolling average investment sales.