North West Leicestershire

Leicester GBR - Industrial Submarket

Industrial real estate intelligence for the North West Leicestershire submarket. 32.7M SF of inventory with 1.9% vacancy. Data sourced from various MLS platforms.

32.7MSF

Inventory

2.4MSF

Available

1.9%

Vacancy

7.2%

Availability Rate

$10.99

Asking Rent

4.0%

Rent Growth

198KSF

12mo Absorption

1.5MSF

Under Construction

Market Metrics

12mo Delivered

77K SF

Under Constr % of Inv

4.5%%

Sale Price/SF

$146

Cap Rate

6.3%%

12mo Sales Volume

$159,814,732

Sales Vol Growth

689.0%

Asset Value

$4,958,674,612

Net Absorption

+198K SF

Recent DC Sales in Market

Property	Price	SF	Buyer
SFO1	$119.3M	26,900	Buyer 1 Altum Digital Infrastructure \| Buyer 2 Igneo Infrastructure Partners
4495 Low Latency Ln	-	200,000	-
4495 Low Latency Ln	-	200,000	-
8425 N 114th St	$2.6M	232,663	Google
Santa Clara Data Center/SFO2-B	$55.0M	128,780	CSquare

Available DC Space in Market

Property	Avail SF	Rent	Owner
Four Overlook Point	863,403	$21.87 - 26.73 (Est.)	Woodcrest Capital LLC
Building D	20,678	$10.86 - 13.27 (Est.)	Entrada Partners
The Falchi Building	272,217	$23.00	Savanna Real Estate Fund
McHenry Corporate Center IV	42,811	$6.00 - 12.50	Gold Drop
2149 Queens Chapel Rd NE	15,086	$11.00	Ali Hassani

Data Centre Development Potential

Very tight vacancy (1.9%) in North West Leicestershire indicates strong demand and limited available buildings. New construction may be required for data centre development. Active construction pipeline of 1.5M SF indicates developer confidence in the submarket. Positive net absorption of 198K SF over the past 12 months signals healthy demand fundamentals.