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Brokerage

Our team of industry experts take great pride in being community developers who build wealth for clients and enhance the vitality of the region through world-class services.

Management Services

We manage a comprehensive range of properties which include Class A office space for major corporations, financial institutions, medical facilities and many others.

Construction & Maintenance

Cressy Construction & Maintenance has experienced extensive growth over the years and has the expertise to assist clients through every phase of a new project or maintaining an existing one.

Q4 2019 Industrial Market Trends

July 23, 2021

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.

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