Why Industrial Vacancy Rates Can Be Deceptive
In this episode of the Industrial Advisors Podcast, hosts Bill Condon and Matt McGregor discuss the complexities of vacancy rates in various locations and contexts. They highlight how vacancy can be misleading, with differences based on location, building size, and data tracking methods from firms like Colliers, CBRE, and Cushman. The discussion breaks down vacancy figures in regions such as Seattle, Tacoma, Kent, and Olympia, emphasizing the importance of detailed market analysis. They also touch on trends in subleases and the potential for landlords to consider demising larger buildings to meet market demands. 00:00 Introduction to Vacancy Rates 00:33 Welcome to Industrial Advisors Podcast 00:43 Understanding Vacancy Deception 01:18 Comparing Vacancy Data Across Firms 02:52 Location-Based Vacancy Analysis 04:06 Impact of Building Size on Vacancy 05:39 Current Market Trends and Challenges 06:25 Conclusion and Final Thoughts You can find every episode of this show on Apple Podcasts, Spotify or YouTube, For more, visit industrialadvisors.com