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The Dickman Company, Inc. is your source for industrial and commercial real estate in Wisconsin.
Specializing in:
• Sales & Leasing
• Investment
• Representation
• Development
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Quarter 1 2010
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 8.7% in Quarter 4 of 2009 to 9.0% in Quarter 1 of 2010.
We have continued to see a low but stable volume of transactions consummating throughout the quarter. We expect this trend to continue throughout 2010 as most industrial firms take advantage of attractive leasing opportunities, have difficulties with financing a purchase, or simply cannot predict their long-term real estate requirements.
Consequently, we saw an increase in leasing activity over the 1st Quarter, driven by a stabilization in the overall economy, highly depressed lease rates, and attractive landlord incentives such as free rent and above average tenant improvement packages.
REPORTS
Q1 2010 Industrial Market Report
SubMarket Maps
Quarter 2 2010
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.
REPORTS
Q2 2010 Industrial Market Report
Quarter 3 2010
The industrial real estate market remained stable during the 3rd Quarter of 2010. The most recent report is now available for download. The vacancy rate decreased to 9.1% in Quarter 3 from 9.2% in Quarter 2. While leasing and sales volume continues to be low, the market trends have shown a continuous trend of stability over the past 12 months, with the vacancy rate hovering above 9% over this period of time.
We expect this trend to continue during the 4th Quarter and early 2011 as most industrial firms take advantage of pricing opportunities for the lease and sale of industrial property. As existing product continues to be absorbed and barring any macro-economic circumstances that could adversely affect the Southeastern Wisconsin marketplace, we anticipate lease rates and sale prices to gradually begin to increase over an extended period of time, and the possibility for some new construction in 2011.
REPORTS
Q3 2010 Industrial Market Report
Quarter 4 2010
For the eight county area of Southeastern Wisconsin in 2010, we saw the overall vacancy rate decrease from 9.2% in Quarter 1 to 8.6% in Quarter 4. This occurred as the region experienced 1,983,488 Sq. Ft. of net positive absorption. While a tremendous amount of the positive absorption occurred in Racine and Kenosha Counties, all of the counties except for Milwaukee and Sheboygan experienced a positive trend in vacancy and absorption statistics.
REPORTS
2010 Year-End Statistics & Market Report
SubMarket Maps
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