US Warehouse Vacancies Steady as Demand Rises With Less New Space
The amount of vacant warehouse space in the U.S. held steady around an 11-year high in the third quarter, but it didn't expand for the first time in three years as demand rose and the amount of newly built space continued to fall.
The average warehouse vacancy rate across the U.S. was 7.1% in the three months ended Sept. 30, unchanged from the second quarter, according to a report from Cushman & Wakefield. The net increase in occupied space from the second quarter was 45.1...
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