Skip to main content Skip to footer

2021 | Q1 | Omaha | Industrial Market Report

Download Report
Omaha_Skyline_1536x1040

The Industrial Market Continues as CRE’s “Darling”

The Omaha industrial market ended the first quarter of 2021 at a 3.5 percent vacancy rate, which is 30 basis points lower than at the end of 2020 and 50 basis points higher than the first quarter of 2020. Over 360,000 square feet of industrial space was absorbed and an additional 169,564 square feet was delivered to the market in the first quarter. New construction continues to meet the demand for warehouse space which has resulted in a record high average asking rent of $7.27 per square foot on a triple net basis. At this time, an additional 3.2 million square feet are under construction in the Omaha industrial market.


Omaha, Industrial

2021 | Q1 | Omaha | Industrial Market Report

Download Report
Related Experts

Melissa Torrez

Director of Market Research | Omaha

Omaha

Melissa has over 19 years of commercial real estate market research experience. She is responsible for the oversight of the market research function for Colliers International | Omaha. Melissa prides herself in providing information and analysis that is meaningful and powerful to the decision making of commercial real estate brokers and clients of Colliers International | Omaha. 

Her responsibilities include the production and authoring of quarterly statistical market publications, tracking and reporting commercial sales and leases in the market, mapping, and providing demographic, economic, traffic count and sales lead data.

Melissa assists clients with multi-market site selection projects. She designed, built and maintains a proprietary economic index across all U.S. metropolitan areas and for the local market.

She is proficient in implementing process improvement strategies for commercial real estate both internally and for clients.

View expert

Cori Adcock

Vice President | Omaha

Omaha

Cori joined the Colliers International team in 2011 as an Associate with the brokerage services team. She brings with her an extensive list of professional experience and knowledge gained during her 20+ years building client relationships for a national van line. Cori’s experience includes project management for a long list of local as well as national clients where she was responsible for move management services for office and industrial clients.

Her background in commercial real estate began with commercial brokerage services in Maui, Hawaii where she developed both landlord and Tenant relationships. Cori has a very strong knowledge of the Omaha market and has successfully completed significant transactions for investment properties, 1031 exchanges, property sales as well as leasing services. Cori has had significant successes in increasing the value of under-performing properties for owners. Cori is a 2016 Colliers | Omaha Chairman's Club member and is also a CCIM candidate.

Cori is on the Industrial Advisory Board for Xceligent and co-authors Colliers Industrial Research and Forecast quarterly report. Cori stays active in the business community and is currently involved in several networking groups and executive clubs. She has held various leadership positions throughout her career including the roles of President, Vice President and secretary for a number of business development groups.

View expert

Mike Potthoff

President, Principal |Omaha

Omaha

Mike joined Colliers International in 2015 with a strong ability to build relationships through his high level of initiative and extremely strong work ethic. After successfully commanding his position as Vice President, Director of Brokerage, Mike was promoted to President of Colliers | Omaha in 2019. In his role as president, Potthoff directs the operational excellence of the entire firm while concentrating on the development of new business as well as maintaining strong client relationships. Most importantly, Potthoff focuses on gaining market share and providing expert commercial real estate insight. 

View expert