Figures
El Paso Industrial Figures Q1 2025
April 4, 2025 10 Minute Read
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- Q1 2025 closed with negative 57,329 sq. ft. net absorption, the third negative quarter in a row for the El Paso Industrial Market.
- Quarter-over-quarter, the market-wide vacancy rate increased by 70 basis points and Class A vacancy increased by 60 basis points.
- 4.9 million sq. ft. of industrial space remained under construction at the end of Q1 2025.
- Demand for industrial space remained above the 56-quarter trailing average with tenants seeking 2.3 million sq. ft