July 2010 - We are pleased to present the Southeastern Wisconsin 2010 Industrial Market Report for the 2nd Quarter and our analysis on the data.
The market statistics for this quarter present some interesting trends. The most recent report is now available for download. For the eight county area of Southeastern Wisconsin, we saw an overall vacancy rate increase to 9.1% in Quarter 2 of 2010 from 9.0% in Quarter 1 of 2010.
Leasing and sales volume, while low at a macro-level, has continued at a steady rate over the past 6 months as businesses take advantage of rare pricing opportunities on the marketplace.
We expect this trend to continue throughout 2010 as most industrial firms take advantage of attractive leasing opportunities, have difficulties financing a purchase, or cannot predict their long-term real estate requirements.
The Dickman Company, Inc. will continue to monitor various market indicators to predict the short term direction of the market and serve as effective real estate advisors for our clients.