Wakefield
Leeds GBR - Industrial Submarket
Industrial real estate intelligence for the Wakefield submarket. 40.3M SF of inventory with 2.1% vacancy. Data sourced from various MLS platforms.
40.3MSF
Inventory
1.0MSF
Available
2.1%
Vacancy
2.5%
Availability Rate
$10.85
Asking Rent
3.9%
Rent Growth
217KSF
12mo Absorption
174KSF
Under Construction
Market Metrics
12mo Delivered
109K SF
Under Constr % of Inv
0.4%%
Sale Price/SF
$121
Cap Rate
6.9%%
12mo Sales Volume
$133,600,045
Sales Vol Growth
-28.2%
Asset Value
$4,901,956,518
Net Absorption
+217K SF
Data Centre Development Potential
Very tight vacancy (2.1%) in Wakefield indicates strong demand and limited available buildings. New construction may be required for data centre development. Active construction pipeline of 174K SF indicates developer confidence in the submarket. Positive net absorption of 217K SF over the past 12 months signals healthy demand fundamentals.
Other Submarkets in Leeds GBR
Evaluating Wakefield for Development?
Our advisory team provides site-specific analysis including power availability, zoning, and financial modeling.
Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.