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Industrial Vacancy Rates Stable in Northeast Through Q2 2020

Leasing regained momentum in the second quarter as a result of demand from retailers, logistics providers and e-commerce firms.

Vacancy rates in the northeast remained steady in the second quarter at 6.6 percent despite the ongoing coronavirus pandemic, according to a new CBRE report.

Leasing in the industrial sector decreased at the start of 2020 in comparison to last year, though leasing regained momentum in the second quarter as a result of demand from retailers, logistics providers and e-commerce firms.

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Pearl Wu

Pearl Wu

Pearl Wu is the editorial Recognition Desk Manager at ALM Media and oversees the administrative aspects of U.S. Legal awards. Please find our upcoming deadlines here.

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