U.S.’s Vacancy Decreases to 6.8%
The Asheville Industrial market saw vacancies rise and rental rates decrease from the first quarter 2015 to the second quarter 2015. The overall vacancy rate currently sits at 6.4%, from 6.3% in the previous quarter. Rental rates ended the quarter at $3.97 per square foot, from $4.45 in the previous quarter. There was a total of 141,290 square feet that delivered in the quarter, with 193,000 square feet still under construction at the end of the quarter. Read the complete mid-year report compiled by Co-Star.
U.S.’s Vacancy Decreases to 6.8%. The Asheville Industrial market saw vacancies rise and rental rates decrease from the first quarter 2015 to the second quarter 2015. The overall vacancy rate currently sits at 6.4%, from 6.3% in the previous quarter. Rental rates ended the quarter at $3.97 per square foot, from $4.45 in the previous quarter. There was a total of 141,290 square feet that delivered in the quarter, with 193,000 square feet still under construction at the end of the quarter. Read the complete mid-year report compiled by Co-Star at http://goo.gl/LLrI6Cless