Flex Market Trends: Vacancy Rates & 2025 Outlook

In this episode of the Industrial Advisors podcast, the hosts dive into the flex market, discussing what constitutes a flex property, typical characteristics, and how these properties have evolved over the decades. They highlight the historical development and current state of the flex market, noting key projects from the 1980s to the early 2000s, such as Walker Business Plaza and Cedar River. The conversation covers the challenges and opportunities within the flex market, including the impact of economic downturns, vacancy rates, and the specific needs of small credit tenants. The hosts also mention successful strategies by owners and the potential for future developments despite high construction costs. Chapters: 00:58 - 5MF: What is Flex 04:35 - When to Build Flex 07:04 – Outro You can find every episode of this show on Apple Podcasts, Spotify or YouTube, For more, visit industrialadvisors.com