•Milwaukee industrial vacancy increased 30 basis points to 3.7% for Q4 2019.

•The average asking lease rate increased $0.04 to a $4.30-per-sq.-ft.

•Net absorption was positive 497,282 sq. ft. Year-to-date net absorption was positive 2,228,968 sq. ft.

•Five new construction projects were completed in Q4 2019, adding just under 1.1 million sq. ft. of new speculative space to the market.

•Investment sales accounted for just under $111 million of sales volume to close out 2019.