The Wilmington, North Carolina, industrial market hit its lowest vacancy rate since CoStar began tracking the coastal region known for its beaches and riverfront. The average industrial vacancy rate in the port city dipped to 1.57% in the fourth quarter of 2022 and is currently at 1.6%, according to CoStar data.
Industrial Space in Wilmington, North Carolina, Is in Short Supply
Demand Pushes Vacancy Rates to Record Lows
By Alvin Abston
CoStar Analytics
April 7, 2023 | 8:23 P.M.
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