Ready for 306M more square feet to hit the market?

What you might find interesting are the following bullets from the article:

• 125M square feet has already delivered in the first half of this year (29% of that was Build To Suit)

• Only 35.9% of that total new construction is vacant

• 71% of the total 125M SF was Spec and almost half of that is already leased

• Total US vacancy rate is 4.9% - most major markets like DFW use 6% as the benchmark for justifying new development

• Over and above the 125M SF that has already delivered in the first half, there is another 306M square feet under construction!!!

Clink here to view full article

1 view0 comments
This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2019. All rights reserved.