|
|
|
The Dickman Company, Inc. is your source for industrial and commercial real estate in Wisconsin.
Specializing in:
• Sales & Leasing
• Investment
• Representation
• Development
|
|
2009 Quarter 1 & Quarter 2
We see a slowdown in leasing and sales for the first half of 2009, with a rebound towards the end of 2009 as buyers and tenants return to the market to take advantage of the greater supply of available property coupled with attractive pricing. An easing of the credit markets resulting from the government bailout of the financial and auto industries will allow more transactions to consummate. 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.
Dickman Company Poll - Sept. 2009
2009 Q1 Report
2009 Q2 Report
2009 Quarter 3
October 2009 - We are pleased to present the 3rd Quarter 2009 Industrial Market Statistics and our analysis for Southeastern Wisconsin.
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 a decrease in the vacancy rate from 7.9% in Quarter 2 to 7.7% in Quarter 3.
While this is a positive signal for some stabilization in our market, we noted the actual availability rate (space occupied but available, plus vacant space) increased from 9.7% in Quarter 2 to 9.8% in Quarter 3. The gap between the vacant and availability percentages suggests there is some slack in the marketplace that could increase the vacancy rate if the available but occupied space is not leased in the 4th Quarter. Therefore, we predict the vacancy rate will remain stable or approach 8% during the 4th Quarter 2009 and 1st Quarter 2010.
Other comments about the market are as follows:
• The decrease in the vacancy rate is largely attributed to Racine and Kenosha Counties, which saw positive absorption of 325,978 SF.
• Ozaukee and Washington Counties experienced the most negative absorption relative to overall inventory, with -127,717 SF and -214,927 SF respectively.
• Milwaukee County saw the largest swing in absorption from -691,806 SF in Quarter 2 to 222,701 SF in Quarter 3.
2009 Q3 Report
2009 Recap & Forecast Presentation
2009 Quarter 4
January 2010 - We are pleased to present the Southeastern Wisconsin 2009 Industrial Market Report 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 from 7.1% in Quarter 1 to 8.2% in Quarter 4.
Although we saw some stabilization in the market for the second half of 2009, we noted the actual availability rate (space occupied but available, plus vacant space) increased from 9.8% in Quarter 3 to 10.4% in Quarter 4, whereby the vacancy rate is only 8.2%. The gap between the vacant and availability percentages suggests there is some slack in the marketplace that could increase the vacancy rate if the available, but occupied space is not leased in 2010.
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.
REPORTS
Southeastern Wisconsin 2009 Industrial Market Report
|
|
