Net absorption for the overall Raleigh/Durham Industrial market was positive 254,180 square feet in the fourth quarter 2012. That compares to positive 274,931 square feet in the third quarter 2012, positive 492,731 square feet in the second quarter 2012, and positive 92,712 square feet in the first quarter 2012.
The Flex building market recorded net absorption of negative (45,111) square feet in the fourth quarter 2012, compared to positive 44,709 square feet in the third quarter 2012, positive 173,718 in the second quarter 2012, and negative (70,570) in the first quarter 2012.
The Warehouse building market recorded net absorption of positive 299,291 square feet in the fourth quarter 2012 compared to positive 230,222 square feet in the third quarter 2012, positive 319,013 in the second quarter 2012, and positive 163,282 in the first quarter 2012.
The information in this news report is based on CoStar’s Fourth Quarter 2012 Market Report, a 40-plus page comprehensive research report available to CoStar subscribers. To learn more about quarterly research reports and other benefits available to CoStar subscribers, please call 1-877-694-2177.