Q4 2017 Lee Industrial Brief

US Industrial Market – Demand Falls But Healthy, Signs of Caution

Demand for industrial space fell 15.6% in 2017 from a year ago as net absorption totaled 231 million SF, its lowest level since 2014. Despite stronger fourth-quarter demand, net absorption of industrial space nationwide skidded 13% for the year and flex space plunged 36.5%.

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