Figures

Jackson-MS Industrial Figures Report 2023

February 28, 2024 3 Minute Read

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  • The Jackson industrial market's vacancy rate increased 250 basis points year-over-year, largely attributed to one vacancy in the 220/55 South Submarket.
  • The average asking rental rate grew to $5.13/NNN in 2023, up 17.9% year-over-year, as Jackson remains a landlord's market due to the supply and demand imbalance.
  • The year ended with 1.1M square feet of vacancies market wide, nearly double the square feet of year end 2022.