According to which report you read, industrial vacancy eitherfell from 4.6% at the end of the first quarter or rose from 4.3%.With regard to rates, the reports agree that the average askingrate is up $0.01 from the end of the first quarter.
Net absorption through the first half of the year totaledsomewhere between 2.3 million sf and three million sf, according tothe reports, while new deliveries totaled somewhere between 3.2million sf and 3.6 million sf.
Due to differences in what buildings are included in theirresearch and how they are categorized, the two reports differgreatly when it comes to vacancy rates by product type. While theygenerally agree that the highest vacancy rate is in R&D/flexspace and the lowest vacancy is in warehouse/distribution space,they are far apart on the actual vacancy.
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