Q4 2024 U.S. & Wisconsin Industrial Real Estate Market Update
U.S. Industrial Market: 2024 ends strong
The U.S. industrial real estate market closed 2024 on a high note, with a 6.7% vacancy rate, well below the 10-year pre-pandemic average, and Q4 absorption reaching 36.8 million SF. Leasing activity remained robust, driving asking lease rates to a new high of $10.13/SF. (Source: Wisconsin REjournal, Dan Rafter, 1/9/25)
Southeastern Wisconsin Market: Resilient with positive absorption and rising lease rates
Overall, despite a slight market softening demonstrated by an increase in vacancy rate by .1%, Southeastern Wisconsin’s industrial real estate sector demonstrated resilience with positive absorption and rising lease rates in Q4 2024.
“As we move into 2025, the industrial real estate market in Southeastern Wisconsin is poised for continued growth. Companies are laser-focused on optimizing supply chains & making strategic investments, which present significant opportunities for our clients,” said Brian Parrish, MBA, SIOR, President & CEO of PARADIGM Real Estate Corporation.
Hear more about the market from Matt Friedman, Vice President & Partner
Q4 2024 Southeastern Wisconsin Industrial Market Summary
At PARADIGM Real Estate Corp, we combine local expertise with national insights to guide our clients in navigating these trends and achieving their goals. Contact PARADIGM today to learn how these developments can impact your industrial real estate strategy and unlock new opportunities for growth.
– FEATURED LISTINGS –
FOR SALE or LEASE
W357 S8715 Chapman Ln. | Eagle, WI
24,000 SF + Shed on 3.06 Acres – New Construction, Fenced, Gated, Floor Drains. Seller financing may be available.
FLEX / WAREHOUSE SPACE FOR LEASE
5715 W Donges Bay Rd. | Mequon, WI
14,100 SF Available | 6,267 SF Divisible
Build to Suite Office – New Construction
Loading, Heavy Power, Ample Parking
INDUSTRIAL BUILDING FOR SALE
2300 W Cornell St. | Milwaukee, WI
70,000 SF on 2.87 Acres
Space for Outside Storage
Fully Fenced & Powered Gated
PARADIGM specializes in the sale and lease of industrial and investment real estate in Wisconsin since 2013.
SALE & LEASE LISTING REPRESENTATION
PROPERTY VALUATION
SALE LEASE-BACK ANALYSIS
SITE SEARCH & DEVELOPMENT
PARADIGM Real Estate Brokers
President & CEO
Vice President & Partner
Vice President
