Record low industrial vacancy rate reported

By 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.


CBRE Commercial Real Estate industrial development
Tom Bailey

Tom Bailey

Tom Bailey covers business news for The Daily Memphian. A Tupelo, Mississippi, native, he graduated from Mississippi State University. He's worked in journalism for 40 years and has lived in Midtown for 36 years.

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