Spokane Commercial Real Estate Vacancy Rates
November 29, 2010 Leave a comment
The Industrial vacancy rate fell to 15.43%. A sudden drop like that, absent any recent announcements in the media about something big opening up – is probably a data error or a change in methodology.
Good news is the drop in retail space. We will know if that trend is sticky by the time we get into January and past the Christmas selling season. The trend in retail and office space are both favorable.
As always, each firm’s estimate of vacancies is calculated in their own way and estimates vary between firms.