However, despite the strong positive absorption experienced over the past year, industrial vacancy remains elevated. (nreionline.com)
The e-commerce boom and port growth have helped shrink industrial vacancy to near zero percent in popular markets. (nreionline.com)
The areas with the lowest industrial vacancy rates currently are Orange County, Calif., with a vacancy rate of 3.4 percent; Los Angeles, 3.7 percent; Miami and Palm Beach, Fla., both at 5.4 percent; and Seattle, at 5.6 percent. (nar.realtor)