An improved business environment has led Palm Beach County’s industrial market to see a one-percentage-point drop in vacancy in the last year, according to a report from Cushman & Wakefield. Vacancy in the county dropped to 7.8 percent in the second quarter of 2012 from an 8.8-percent rate in the second quarter of 2011. While direct asking rents fell by 60 basis points in the same period, the report projects them to increase in the [more]
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