Oct
26

Greenville, SC: Grubb & Ellis Expects Weakness in Industrial Property in Q4

By
– GSA Business

Vacancies in the Greenville-Spartanburg industrial real estate market were reduced four-tenths of one percentage point in the third quarter, suggesting the market is starting to rebound.

But Grubb & EllisThe Furman Co., in its forecast for the fourth quarter, warned that the third-quarter strength could belie continuing weakness in industrial real estate.

In the fourth quarter, Grubb & Ellis forecasters expect the vacancy rate to climb to 11% from the current 10.1%

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://www.gsabusiness.com/news/31379-grubb-amp-ellis-expect-weakness-in-industrial-property-in-q4
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