Vacancy Drops To 2.7% In 2015; Lease Renewal Shock
For landlords and owner-users there was plenty to cheer about in 2015. For tenants, the squeeze is on as 2015 capped a three-year run of solid demand for industrial space, driving vacancies to lows not seen in more than a generation and triggering hefty increases in rental rates. More than 2.3 million sq. ft. of…