In Q2 2024, the Southeast Wisconsin industrial real estate market absorbed 2.2 million SF, with the vacancy rate slightly decreasing to 5.7%. This is notably higher than Q2 2023’s 3.5% vacancy rate, reflecting increased availability. Key activities included 87 leases (1.4 million SF) and 68 property sales (2.2 million...
PARADIGM’s Industrial Real Estate Snapshot for Southeast Wisconsin The Southeast Wisconsin industrial real estate market remained strong in 2023, but softening demand from larger tenants along with over 10 million square feet of new construction, mostly in Kenosha, has caused a notable increase in the overall market vacancy rate...
– MARKET NARRATIVE – It’s safe to say that industrial values have peaked, but have generally held strong. Despite more uncertainty in the overall commercial real estate market, both from a valuation and capital markets & liquidity standpoint, the industrial vacancy rate in Southeast Wisconsin remained stable at 3.6%...
IREM® Milwaukee Forecast Breakfast with PARADIGM Vice President & Partner, Matt Friedman Matt Friedman, Vice President & Partner of PARADIGM Real Estate Corp., presented the industrial market forecast at the IREM (Institute of Real Estate Management) Forecast Breakfast on Thursday, January 19th, 2023 in Milwaukee, Wisconsin. Watch Matt’s predictions...
Message from Brian Parrish, MBA, SIOR | President & CEO – FEATURED LISTING – High-Tech Manufacturing Facility FOR LEASE300,000 – 800,000 SF Build-to-Suit Industrial Space LEASE ACCOUNTING CHANGES & THE IMPACT ON COMMERCIAL REAL ESTATE Important changes: Issued in 2016, new lease standards now take effect that supersedes and replaces all prior...
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