Louisville Modern Bulk Industrial Outlook – Q4 2021
Limited inventory, high development costs push rental rates higher
- Alex Westcott
With 2.9 million s.f. of net absorption in Q4, the Louisville industrial market continued its record-breaking year with total net absorption hitting 8.9 million s.f. Limited inventory, high development costs and leasing velocity have pushed rental rates higher. Despite a healthy pipeline of space due in 2022, occupiers will have limited options in the first half of the year.
Download the Q4 Louisville Modern Bulk Industrial Outlook for more in-depth insights on leasing velocity and rental rates, inventory breakdowns by county, and construction deliveries.