Louisville industrial insight - Q2 2018

Occupancy numbers rose quarter-over-quarter for the first time since 2015 as the vacancy rate decreased by five basis points. GE announced plans to occupy just over 305,000 square feet at 201 Paul Garrett Ave. as a temporary inventory holding location. In Bullitt County, Saddle Creek Logistics is set to occupy 200,000 square feet at 419 Park Loop Court. The positive momentum is expected to continue as multi-city prospects remain intrigued by the unique opportunity for immediate occupancy of large blocks of space.

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