The North West industrial vacancy rate has moved from the lowest in the country to sit in line with the national average at 5.4%. While this is a 10-year high and up from a low base of 2% in 2022, it is still well below the previous peak of 9.5% in 2012.
Little and large: Lowest vacancy rates at size extremes in the North West industrial market
The sharpest increase in vacancy has been in the mid-box and big-box size bands
CoStar Analytics
December 16, 2025 | 7:43 AM
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