Record low industrial vacancy rate reported

By , Special to The Daily Memphian Published: July 22, 2019 3:09 PM CT

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.

Topics

CBRE Commercial Real Estate industrial development
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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