Colliers’ Q4 2024 Charlotte Industrial Market Report

Q4 2024 Charlotte Industrial Market ReportColliers recently released their Q4 2024 Industrial Market Report with Iredell County mentioned on page one.  “Charlotte closed out 2024 with strong leasing activity, bringing the annual net absorption to 3.1 million square feet. Big-box leases were limited, but several headline deals still took place from October to December, including those signed by Carolina Beverage Group, Art Gild, and Guardian Logistics.” Jessica Henn| Research Analyst, North Carolina

Other key takeaways for Iredell County include:

• Total of 576 Buildings (476 Warehouse, 115 Flex)
• Total Inventory SF – 37,324,797 SF (Increase of 26.5% since Q1 2020)
• Vacancy Rate – 6.93% (Improvement from Q3’s 8.19%)
• Net absorption – 703,746
• Iredell County showed the highest net absorption of all NC Counties in Q4

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