• Milwaukee industrial vacancy and availability rates decreased 20 basis points to 3.1% and 3.3%, respectively.

• The average asking lease rate decreased $0.04 to $4.06-per-sq.-ft.

• The Amazon Fulfillment Center in Oak Creek coming online contributed to the positive 2,819,722 sq. ft. of net absorption.

• Five new construction projects were completed, adding 3.2 million sq. ft. of new industrial space to the market.

• Investment sales accounted for approximately $33.2 million of sales volume in Q3 2020.