Recovery? What recovery? When you’re a broker, your local commercial vacancy rates can make you think the economy’s booming, stagnating or anywhere in between.
A recent snapshot of industrial and office vacancy rates demonstrates that how you’re doing can depend pretty heavily on where you are.
But a vacancy rate is like the weather. You can rave about it or complain about it, but you can’t change it—all you can do is adapt as best you can. Here are a few things to keep in mind: