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Polk County Industrial Figures - Q3 2023

October 10, 2023 5 Minute Read

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  • In similar fashion to the previous quarter deliveries outweighed net absorption as 897,000 square feet delivered in East Polk County, as a result vacancy rose by 150 basis points.
  • The construction pipeline was mostly unreplenished as only a single 80,000 square foot rear load building broke ground.
  • Rent growth continued its an upward trajectory, rising by 9% year-over-year.