Thurrock

Essex GBR - Industrial Submarket

Industrial real estate intelligence for the Thurrock submarket. 22.4M SF of inventory with 9.1% vacancy. Data sourced from various MLS platforms.

22.4MSF

Inventory

2.0MSF

Available

9.1%

Vacancy

8.7%

Availability Rate

$18.95

Asking Rent

0.3%

Rent Growth

245KSF

12mo Absorption

814KSF

Under Construction

Market Metrics

12mo Delivered

0 SF

Under Constr % of Inv

3.6%%

Sale Price/SF

$209

Cap Rate

5.5%%

12mo Sales Volume

$28,916,720

Sales Vol Growth

-88.4%

Asset Value

$4,838,419,013

Net Absorption

+245K SF

Data Centre Development Potential

High vacancy (9.1%) in Thurrock may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 814K SF indicates developer confidence in the submarket. Positive net absorption of 245K SF over the past 12 months signals healthy demand fundamentals.

Other Submarkets in Essex GBR

Basildon

15.5M SF6.6% vac$17.14

Harlow

10.3M SF6.6% vac$18.26

Braintree

9.0M SF7.5% vac$14.08

Chelmsford

6.0M SF6.4% vac$18.29

Colchester

6.4M SF4.2% vac$13.24

Epping Forest

3.9M SF3.6% vac$19.03
Luke Tatman

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Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.