Industrial Leasing Activity Strong in the Second Quarter

Industrial Leasing Activity Strong in the Second Quarter

Relatively more robust economic activity during the second quarter appeared to benefit the industrial sector as fundamentals improved at a modestly quicker pace. In contrast with the first quarter, when improvements fell in line with results from 2013, absorption, construction and rent growth figures all accelerated. Demand for warehouse and distribution space was particularly strong. Net absorption for the quarter totaled 21.5 million sq. ft., a 35 percent increase over

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