CORFAC News

Milwaukee, Wisconsin – January 13, 2010

We are pleased to present the Southeastern Wisconsin 2009 Industrial Market Report and our analysis on the data.

The market statistics for this quarter present some interesting trends. The most recent report is now available for download. For the eight county area of Southeastern Wisconsin, we saw an overall vacancy rate increase from 7.1% in Quarter 1 to 8.2% in Quarter 4.

Although we saw some stabilization in the market for the second half of 2009, we noted the actual availability rate (space occupied but available, plus vacant space) increased from 9.8% in Quarter 3 to 10.4% in Quarter 4, whereby the vacancy rate is only 8.2%.

The gap between the vacant and availability percentages suggests there is some slack in the marketplace that could increase the vacancy rate if the available, but occupied space is not leased in 2010.

The Dickman Company, Inc. will continue to monitor various market indicators to predict the short term direction of the market and serve as effective real estate advisors for our clients.