CRE Q Kentucky

Commercial real estate steadily improving in Louisville

The commercial real estate market in Louisville is a resilient one. The year-end industrial report by Cassidy Turley Harry K. Moore provides an example. According to this report, the Louisville market saw a net absorption of more than 2.2 million square feet in 2011. This left the Louisville industrial sector with a vacancy rate of under 8 percent for the first time since 2008.