As we put a bow on 2020, the North I-680’s industrial market remains relatively unchanged. The overall vacancy rate increased to 5.6 percent from 4.5 percent the previous quarter. Rental rates increased to $0.90 from $0.86 across the same period, the highest rate since Colliers began tracking the market. During the quarter there was negative 189,439 square feet of net absorption. Two sales occurred during the quarter, less than previous quarters.
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