• The Omaha industrial market posted 718,128 sq. ft. of positive net absorption in Q4 2020, increasing from 787 sq. ft. of negative net absorption in Q3 2020.

  • Vacancy rates declined 80 basis points (bps) quarter-over-quarter, a result of the positive net absorption in the market.

  • Space under construction increased to 3.8 million sq. ft. after the addition of Amazon’s 2.5 million sq. ft. build-to-suit warehouse and a 300,000 sq. ft. speculative warehouse in R&R Commerce Park.