Glasgow Core

Glasgow GBR - Industrial Submarket

Industrial real estate intelligence for the Glasgow Core submarket. 35.9M SF of inventory with 4.6% vacancy. Data sourced from various MLS platforms.

35.9MSF

Inventory

1.7MSF

Available

4.6%

Vacancy

4.8%

Availability Rate

$10.55

Asking Rent

4.2%

Rent Growth

-208,785SF

12mo Absorption

14KSF

Under Construction

Market Metrics

12mo Delivered

18K SF

Under Constr % of Inv

0.0%%

Sale Price/SF

$112

Cap Rate

8.2%%

12mo Sales Volume

$35,828,263

Sales Vol Growth

-59.0%

Asset Value

$4,013,082,283

Net Absorption

-208,785 SF

Data Centre Development Potential

Moderate vacancy (4.6%) in Glasgow Core suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 14K SF indicates developer confidence in the submarket. Negative absorption of 209K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.

Other Submarkets in Glasgow GBR

North Lanarkshire

30.1M SF4.3% vac$10.11

South Lanarkshire

18.4M SF4.5% vac$9.92

Renfrewshire

17.5M SF5.8% vac$10.48

West Dunbartonshire

7.1M SF0.8% vac$8.94

East Dunbartonshire

2.9M SF26.6% vac$10.14

Inverclyde

3.7M SF14.3% vac$8.43
Luke Tatman

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