Milwaukee Industrial Figures Q2 2026

- In the Milwaukee Industrial market, there was 2.1 million sq. ft. of positive net absorption in Q2, bringing the annual absorption figure to 3.2 million sq. ft., an increase of 93% year-over-year.

- The market vacancy rate was reported at 4.3% in Q2, a decrease of 130 bps from the previous year and the lowest vacancy reported since Q2 2023.

- The construction pipeline delivered three projects in Q2 for 678,000 sq. ft. of new construction with an additional 827,000 sq. ft. of developments underway, representing a 70% decrease in volume year-over-year.

- Leasing activity in the market reached 3.1 million sq. ft. this quarter with 23 deals greater than 100,000 sq. ft. transacted, an increase of 180% by count of deals and a 124% increase in total volume on large transactions in Q2.

- Total sales volume was $348 million in Q2, an increase of 71% from the previous year. Investment sales volume leading the surge in activity, representing 85% of the quarterly activity.