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Chart of the Day: Industrial property prices down 1.6%
The sector clocked in its ninth straight quarter of decline.
The industrial property market has seen its ninth consecutive quarter of decline in 2Q17, shedding 1.6% QoQ.
According to this chart from OrangeTee Research, multiple-user and single-user factory prices fell by 1.5% and 1.3% QoQ, respectively,
This is the first quarter since 3Q15 that single-user factory space proved to be more price resilient than multiple user factory space.
Multiple-user and single-user factory types are now 13.2% and 18.8% below their peak levels in 2Q14 and 1Q15, respectively.
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