Demand for Industrial Space
Up in Stafford
The Department of Economic Development has received inquiries for more than 2 million square feet of industrial space over the past several years. Much of that demand cannot be met with Stafford's current turn key industrial inventory. The demand, pent-up over the past decade, requires the promise of quick occupancy to win the deal.
Many of the prospects desire larger spaces, exceeding 40,000 - 50,000 square feet or more. As vacancies trend downward in this category, now at approximately 10%, the importance of advancing speculative industrial buildout increasingly becomes more important to Stafford's ability to remain competitive in this important sector of economic development.
How can Stafford assist you in bringing your property to market? Call Tim Baroody to find out more,