Research

Washington DC industrial insight - Q2 2018

Northern Virginia led the region’s growth, capturing 61.4 percent of the region’s absorption, despite only accounting for 45.0 percent of its industrial inventory. The built-up demand dropped Metro DC’s industrial vacancy to 7.0 percent, which is down 50 basis points quarter-over-quarter. Developers, having predicted the recent demand, delivered over 1.5 million square feet of needed industrial supply this year, of which 1,203,162 square feet was speculative.

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