Report: Fewer Commercial Property Vacancies In Lexington
The amount of office space available is a good barometer of the local economy.
If people are renting, it’s a good sign.
A report from NAI Isaac Commercial Properties says 13.9% of Lexington’s suburban office space is available.
Downtown, it’s 15%, and it’s 16.2% for industrial space.
That’s an improvement for suburban areas and downtown but industrial space was a little worse.
Still, the report calls the trend encouraging.
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