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14 Apr2010

The Dickman Company, Inc/CORFAC International

Milwaukee, Wisconsin – April 14, 2010 - We are pleased to present the Southeastern Wisconsin 2010 Industrial Market Report for the 1st Quarter 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 8.7% in Quarter 4 of 2009 to 9.0% in Quarter 1 of 2010.We have continued to see a low but stable volume of transactions consummating throughout the quarter. We expect this trend to continue throughout 2010 as most industrial firms take advantage of attractive leasing opportunities, have difficulties with financing a purchase, or simply cannot predict their long-term real estate requirements. Consequently, we saw an increase in leasing activity over the 1st Quarter, driven by a stabilization in the overall economy, highly depressed lease rates, and attractive landlord incentives such as free rent and above average tenant improvement packages. If you did not read our comprehensive year-end 2009 report, it is now available for download at http://www.dickmanrealestate.com/market/. 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.For more information please contact The Dickman Company, Inc., at (414) 271-6100 or visit our website at www.dickmanrealestate.com
 

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Patricia True Agos
773-758-5044
patricia@ktpronline.com

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