A recent report from commercial real estate firm CBRE placed Milwaukee among 14 U.S. markets attractive to industrial real estate investors looking for opportunities outside the primary markets.
While the Milwaukee market’s industrial vacancy rate is at a cyclical low, lease rates are at their highest level since CBRE began tracking the market, according to the report. Industrial and manufacturing are hot markets for investors right now, and some are willing to pay top dollar for properties and then lease them back to the sellers.
Now might be a good time for companies that own the buildings they operate in to consider a sale-leaseback option.