Listen to this story
Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowThis audio file is brought to you by 
0:00
0:00
Loading audio file, please wait.
A slowing of new development caused the industrial property vacancy rate to drop in the third quarter, according to Colliers Turley Martin Tucker.
The rate fell to 7.3 percent from 8.1 percent in the second quarter, the brokerage said.
Available space fell by 3 million square feet, to 25.7 million square feet.
While the brokerage said the absorption suggests the slow economy has had a minimal impact on the market, some speculative projects have been hurt by uncertain capital markets.
Please enable JavaScript to view this content.