Industrial Market Slows, But No Worries Yet

DENVER-The vacancy rate rises to 7.66% in the first half of the year, compared with about a 20-year low of 5.44% at the end of 2000. For sellers, cap rate ranges have risen from 8.5% to 9.55% to 9.5% to 10.5%.

By John Rebchook | August 21, 2001 at 01:01 AM

That is the highest vacancy rate since 1990, when it stood at8.43%.

When subleased space is removed, the vacancy rate drops by abouta percentage point.

Roemer says most of the subleased space is occupied andtenantscontinue to pay rent.

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Denver

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Leasing

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