Milwaukee, WI (February 12, 2013) – The Dickman Company, Inc./CORFAC International is pleased to present the Southeastern Wisconsin 2012 Year-End Statistics and Market Report.
Despite the uncertainty created by the recall & national elections, the industrial market moved forward unfazed. The Southeastern Wisconsin industrial real estate market continued its climb upward over the last two quarters of 2012 as the overall vacancy rate fell to 6.5% from 7.1%. The effect was positive net absorption in the amount of 3,651,141 square feet. This trend marks two and a half straight years without a quarter of negative absorption. The most recent report is attached to this email or can be downloaded at: http://www.dickmanrealestate.com/market/
With vacancy down, lease rates stable and the number of transactions up, we expect the trends to continue to rebound in 2013.
For more information please contact The Dickman Company, Inc./CORFAC International, at (414) 271-6100 or visit our website at www.dickmanrealestate.com.
About The Dickman Company, Inc.
The Dickman Company, Inc. was founded in 1996 by a group of experienced brokers committed to providing unparalleled service in the commercial real estate market. The firm's Chairman, Samuel D. Dickman, brings more than 45 years of real estate experience in the Milwaukee area. His vision of a company that is an aggressive advocate for clients is practiced daily at the firm. The goal at The Dickman Company, Inc. is to listen and to learn about both clients' current and future real estate needs. A plan is then developed to execute those goals efficiently and effectively. Through their real estate advocacy, the Dickman Company will keep your needs first and foremost throughout the real estate process.
About CORFAC International
CORFAC International (Corporate Facility Advisors) is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services. In association with FIABCI (the International Real Estate Federation) and global affiliates, CORFAC International offers commercial real estate services with market reach in 65 countries worldwide. In recent years, CORFAC firms have averaged over 8,500 completed transactions annually totaling more than 600 million square feet worth an excess of $5.2 billion for their customers. For more information on the CORFAC network, contact 703.532.6160 or visit www.corfac.com.