•Milwaukee industrial vacancy decreased 10 basis points to 3.6% for Q1 2020.

•The average asking lease rate decreased $0.16 to a $4.14-per-sq.-ft.

•Net absorption was positive 604,790 sq. ft.

•Four new construction projects were completed in Q1 2020, adding approximately 620,000 sq. ft. of new speculative space to the market.

 

•Investment sales accounted for approximately $28 million of sales volume to begin 2020.