Attached is our latest research paper which analyses the current vacancy rate in industrial warehouses and workshops in the Perth Metropolitan Area.
As the bulk of leasing transactions take place in the sub 1500sqm size property our research concentrates on this volume sector of the industrial leasing market and no other real estate analysts provide research in this market sector – most of the research being related to larger properties
As can be seen there has been a rapid escalation of vacancy and more property is available for lease than any time in the previous decade. This has resulted in potential lessees taking much longer to commit to premises due to the wide choice available and is seeing rents soften and incentives increase due to the supply and demand ration having swung in the tenant’s favour.
Ray White Commercial Burswood has the knowledge and expertise to conduct industrial transactions across the price and size spectrum but specialises in the +/- 1500sqm sector so can provide accurate information and advice to our clients.
For the full Perth Industrial Leasing Market Research Report complete with analysis and graphs click here.