There is roughly 4.6 million sq. ft. of available sublease space on the industrial market, down from 5.3 million sq. ft. at the end of Q4 2016.
Warehouse/Distribution available sublease space is down 13.2% since Q4 2016.
Available Manufacturing sublease space makes up 14.9% of total industrial sublease availability.
About 80% of all available manufacturing sublease space is located in the northwest and southeast submarkets.