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NorthMarq Compass

(formerly published as United Properties'
Outlook Market Research Report)

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Current Features 

July Preview
** Complete report coming in late July **

Industrial market reporting unprecedented negative absorption in preliminary numbers

Demand for industrial space plummeted in the first half of the year as companies reduced costs  or closed altogether and landlords struggled to fill space. The multi-tenant market reported an unprecedented 2,061,515 sq. ft. of negative absorption. Vacancy reached record highs, and sublease space increased dramatically. Economic uncertainty is making short-term lease renewals attractive to tenants as well as to some landlords.

The complete NorthMarq Compass report will be available in late July.

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