Figures

Polk County Industrial Figures - Q2 2024

July 9, 2024 5 Minute Read

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  • Overall vacancy crept up to double digits during the second quarter, now 10.2%, as 2024 deliveries are just 21% leased thus far.
  • The construction pipeline has drastically slowed with just 738,000 square feet under development – 70% of which is in Western Polk County.
  • Smaller bay product with higher asking rents are buoying market averages and pushing rent growth to 2.8% quarter over quarter and 12% year over year.