BROWNSVILLE-HARLINGEN – The industrial market ended the fourth quarter 2017 with a vacancy rate of 8.6 percent, according to a CoStar’s Brownsville-Harlingen Industrial Year-End 2017 report.
The vacancy rate was down over 3Q 2017, with net absorption totaling positive 111,748 sf in 4Q 2017.
A total of two buildings delivered to the market during 4Q 2017 totaling 101,920 sf, with no properties under construction at the end of the quarter.
A special thanks to NAI RIO GRANDE VALLEY, Mike Blum.
See the entire CoStar reports here: Brownsville-Harlingen Industrial, Office, Retail Market Research.
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