The availability of owner/user industrial space tightened valley wide in the second quarter, reports Colliers International researcher John Stater. No new industrial projects were completed in the first half of 2012. There was 3.23 million square feet of industrial space up for sale at the end of June, or about 18,000 square feet less than a year ago. Over the same period, however, the average asking price for owner/user industrial sales decreased to $95-per-square-foot from $101-per-square-foot. For the full report, CLICK HERE.For Sale Industrial Inventory Tightens
The availability of owner/user industrial space tightened valley wide in the second quarter, reports Colliers International researcher John Stater. No new industrial projects were completed in the first half of 2012. There was 3.23 million square feet of industrial space up for sale at the end of June, or about 18,000 square feet less than a year ago. Over the same period, however, the average asking price for owner/user industrial sales decreased to $95-per-square-foot from $101-per-square-foot. For the full report, CLICK HERE.
