Greensboro / Winston-Salem Industrial MarketView Q2 2021
25 Aug 2021 1 Minute Read
- 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.