Elkhart County, IN

Average Lease Rate & Vacancy*

Inventory and Absorption (SF)

New Construction

*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.

St Joseph 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.

Office Market Trends

St. Joseph County, IN

Average Lease Rate & Vacancy*

Inventory and Absorption (SF)

New Construction

*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.