Vacancies are declining, which may reflect recession rebound

Since the start of the year, vacant warehouse space in excess of 245,000 square feet has been removed from the local inventory by being rented.

This rental shows a trend that Clark County’s industrial market is moving, and that the economy is improving – slowly. Bill Connelly, vice president for Eric Fuller and Associates Inc. in Vancouver, WA said that industrial leasing is also beginning to move at the Port of Vancouver where a railroad project is underway. This new deal is projected to be a $150 million construction project.