U.S. Industrial Trends and Outlook, December 2004, LaSalle Investment Management
Top Markets - Warehouse Rent Growth
|
| Market |
2004 Vacancy |
YE07 Vacancy |
Av. Annual Vacancy Change |
Average Vacancy |
Forecast Av. Rent Growth (04-07) |
| Riverside – San Bernardino |
7.0% |
8.4% |
+0.3% |
12.4% |
2% to 4% |
| Las Vegas |
7.7% |
4.5% |
-0.7% |
6.8% |
2% to 4% |
| New Jersey - Central |
7.5% |
7.2% |
-0.3% |
9.0% |
1% to 3% |
| Fort Lauderdale |
9.7% |
7.3% |
-2.4% |
8.6% |
1% to 3% |
| New Jersey - Northern |
8.5% |
8.2% |
-0.3% |
9.4% |
1% to 3% |
| Baltimore |
14.6% |
11.7% |
-2.9% |
13.4% |
1% to 3% |
| U.S. Total |
12.3% |
10.7% |
-0.4% |
9.3% |
-1% to 1% |
|
|
Source: LIM Research
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