Record low industrial vacancy rate reported
Industrial vacancy hit an all-time low of 5.4% in the second quarter in the Memphis area due to strong tenant demand for space, according to the CBRE Marketview report.
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CBRE Commercial Real Estate industrial developmentTom 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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