Is it time to evaluate your current Industrial space?
Is it time to evaluate your current industrial space/office position? We have options for you...
2017, so far so great for industrial property sector growth, from manufacturing to warehousing and distribution. Northeastern Ohio is starting to feel the pinch with respect to industrial space absorption. According to the latest (Q2 '17) Xcelligent Research report for Northeastern, OH we now have approximately a 4% +/- industrial vacancy. New industrial construction is underway; however, most is on a build to suit basis.
One example of increased industrial growth is the retail sectors phasis on e-commerce "last-mile" distribution process that is now utilizing more warehouse space. Check out 1011 Lake Road in Medina: 8,000 +/- square feet of clean warehouse space for lease with optional mezzanine and office.