Industrial Real Estate Availability in 2024

According to a recent article from the Hartford Business Journal, the industrial real estate market in Connecticut is expected to remain strong in 2024, despite some challenges such as financing, land availability, and environmental regulations. The region had an overall industrial vacancy rate of 3.7% at midyear 2022, with companies adding 1.3 million square feet of space through the first six months of 2022. The low vacancy rate and high rents reflect the limited supply of modern industrial properties, especially in the Greater Hartford area.

To read the full article, click here: Industrial real estate availability to remain tight in 2024