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2022 Q2 Milwaukee Industrial Market Report

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warehouseillinois20210829011252utc

Speculative deliveries, particularly in the South submarket, will continue to have an impact on vacancy and absorption throughout the remainder of 2022 and first few quarters of 2023.

The Southeastern Wisconsin industrial market continues to see strong demand, experiencing 1.1 million square feet of positive absorption in Q2. Due to speculative deliveries, market-wide vacancy rose to 6.69 percent, with the South submarket seeing the most notable rise in vacant space, given the prevalence of speculative development in Kenosha County. 

warehouseillinois20210829011252utc

2022 Q2 Milwaukee Industrial Market Report

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