• Vacancy rates fell sharply this quarter, from 4.2% to 3.6%.
  • The lease rate continued its upward trajectory this quarter, rising from $4.12 to $4.15 per sq. ft.
  • Activity continued in the southern submarkets, specifically Kenosha and Milwaukee South.
  • Investment sales were down from Q2 2017, with fewer large portfolio sales.
  • Industrial owner-user sales continued this quarter, bolstered by companies looking to expand.