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2020 Q1 Cleveland Industrial Market Report

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After recording only a minimal gain in occupancy during 2019, the Cleveland industrial market returned to its seven-year pattern of robust gains. During the first quarter of the year, the market recorded 1.6 million square feet of positive net absorption, reducing the overall market vacancy rate by 20 basis points (bps) to 5.5%. 

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2020 Q1 Cleveland Industrial Market Report

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