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Memphis industrial activity ‘solid’ in early 2020

By , Special to The Daily Memphian Updated: April 23, 2020 6:26 AM CT | Published: April 23, 2020 4:00 AM CT

Despite the beginnings of what will likely be a pandemic-caused recession, the industrial vacancy rate for the first three months in the Memphis area was 6.5%. That is below the five-year average of 7.8%.

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Cushman & Wakefield | Commercial Advisors industrial development Subscriber Only

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Tom Bailey

Tom Bailey

Tom Bailey retired in January as a business reporter at The Daily Memphian, and after 40 years in journalism. A Tupelo, Mississippi, native, he graduated from Mississippi State University. He has lived in Midtown for 36 years.


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