Warehouse Vacancies Climb to Highest Level in More Than a Decade
The second-quarter vacancy rate of 7.1% reported by Cushman & Wakefield was up from 6.1% a year earlierMore U.S. warehouse space is vacant than at any time in the past 11 years as companies hold off leasing new space amid rapidly changing trade policy.
The average warehouse vacancy rate across the U.S. ticked up to 7.1% in the second quarter from 6.9% the previous quarter and 6.1% a year earlier, according to a new report from commercial real-estate services firm Cushman & Wakefield...
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