•Milwaukee industrial vacancy decreased 30 basis points to 3.3% for Q2 2020.

•The average asking lease rate decreased $0.04 to a $4.10-per-sq.-ft.

•Net absorption was positive 893,814 sq. ft. primarily due to two user sales of previously vacant properties.

•One new construction project was completed in Q2 2020, adding approximately 194,147 sq. ft. of new speculative space to the market.

•Investment sales accounted for approximately $193.9 million of sales volume in Q2 2020.