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SIOR CT/WMASS releases Year End 2016 Market Survey

The Connecticut and Western Massachusetts Chapter of SIOR has released its Year-End 2016 Market Survey. Chapter members continue to be optimistic about this coming year’s industrial market. The full market survey is attached but here are some highlights:

1) 50% believe industrial lease rates will increase in 2017.

2) 82% believe vacancy rates will decrease.

3) 54% predict increasing industrial sale prices.

4) Surprisingly only 30% believe new development will increase.

See attached report, including the latest UCONN scholarship recipients!

SIOR Press Release 02.10.2017

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