Apr 18, 2017
Fifty quarters of positive absorption says NGKF
HOUSTON – Newmark Grubb Knight Frank (NGKF) has released its first quarter 2017 industrial market report.Net absorption totaled more than 1.3 million sf in 1Q 2017, marking the 57th consecutive...
HOUSTON – Newmark Grubb Knight Frank (NGKF) has released its first quarter 2017 industrial market report.
Net absorption totaled more than 1.3 million sf in 1Q 2017, marking the 57th consecutive quarter of positive absorption.
Despite some weakening in market fundamentals, overall vacancy remains low by historical standards, while asking rents continue to trend higher.
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