South Eastern Wisconsin Market Summary: South Eastern Wisconsin’s Industrial market remains a dynamic market. New Construction has ticked up slightly primarily due to build to suit projects. Spec construction has slowed down. The vacancy rate logged a slight increase of 0.1%. Asking rents also declined marginally, less than 1%. Activity remains strong and the vacancy rate is still low and causing companies to struggle
during their expansion plans. This decrease is an indication that the market is stabilizing.
The Walworth County market remains robust. A few new opportunities became available, however the sub 1% vacancy rate leads to the belief that these buildings will not last long. Look for new development in the I-43 corridor:
- Elkhorn 16,000 Sq Ft For Sale
- 100 Main St, Walworth 4 Building Sale-leaseback
- 501 Commercial Ct, Lk Geneva 9,828 Sq Ft Under Contract
- 369 Newcomb St, Whitewater 30,500 Sq Ft For Sale
