3Q 2019 Industrial Market Trends
July 22, 2021
Elkhart County, IN
Average Lease Rate & Vacancy*
Inventory and Absorption (SF)
New Construction and Q3 Notable Transactions
*Average Lease & Vacancy Rates are based on a weighted average per the square footage.
**Negative absorption is due to more new space that came on the market vs. space that came off the market.
***Potentially 1.5 million SF vacant that currently is not on the market.