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Is Springfield running out of room to grow?

Posted by Maggie Kost on Nov 06, 2014

For the last year, industrial employers looking for a building in Springfield have had only a handful of options to choose from. In fact, Springfield’s industrial vacancy rate currently stands at 4.3%. This sits well below the national average of 9.4%, putting our region at a disadvantage when it comes to finding a home for new or expanding employers. Luckily, several local developers are stepping up and hope to capitalize on the demand for industrial space.

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