Found 1 blog entry tagged as Foley AL flex space.

Flex Space Demand in Foley vs. Orange Beach and Gulf Shores

Market Overview and Current Conditions

Strong Demand, Low Vacancies: The demand for flex space (hybrid office/warehouse buildings) in Baldwin County’s coastal region is robust, driven by rapid growth in population and businesses. Local economic leaders note that the market has “very little available” industrial/flex space as new inventory is quickly. Vacancy rates are extremely low – on the order of only a few percent – in Foley, Gulf Shores, and Orange Beach, indicating that most existing flex/warehouse space is occupied. Any new construction is often pre-leased or filled soon after completion due to pent-up demand.

Absorption Trends: Recent absorption of flex/industrial space has been…

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