The Memphis industrial real estate market is posting positive numbers, according to a recent report by the Memphis Daily News. The industrial market in the area has recorded net absorption of 951,683 square feet during the first three months of 2013, making it the 4th consecutive quarter or positive absorption for the metro area. The report pulled data from the CBRE which charts the industrial market statistics.

The Memphis industrial movers have found that the vacancy rate for industrial space in the area is dwindling, and the industrial vacancy rate has actually dipped below 11.5 percent early this year. The demand for industrial space is strong, but the debate now is whether there needs to be added supply or if it is best to wait.