Rising Vacancy Rates: Trends You Must Know

In this episode of the Industrial Advisors podcast, hosts Bill Condon and Matt McGregor are joined by Craig Hurvitz, the National Director of Research for Industrial. They discuss rising vacancy rates in markets like Charleston, Austin, and Phoenix due to new supply. Craig provides a 2024 recap of bulk occupancies, sector trends, and regional differences. They also cover development trends, port activity impacts, and make predictions for 2025. Key insights include the influence of 3PL providers and the expected stabilization of vacancy rates. 00:41 Welcome to the Industrial Advisors Podcast 01:10 2024 Industrial Occupier Recap 02:21 Sector Trends and Leasing Activity 03:45 Vacancy Rates and Market Performance 07:16 Development and Construction Trends 08:50 Port Activity and Tariff Impacts 12:24 Predictions for 2025 14:13 Conclusion and Farewell You can find every episode of this show on Apple Podcasts, Spotify or YouTube, For more, visit industrialadvisors.com