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What is the vacancy rate for nearby industrial properties?

Grade A Industrial Properties

The vacancy rate for high-quality, modern industrial and warehousing facilities in the Chennai region is approximately 6.6 percent. This low figure reflects strong demand from logistics, e-commerce, and manufacturing sectors, particularly for well-located and infrastructure-ready spaces.

  • Indicates high occupancy and fast leasing
  • Preferred by major 3PL, FMCG, and e-commerce tenants
  • Suggests limited availability for new entrants

Grade B Industrial Properties

For older or less advanced facilities, the vacancy rate is approximately 15.4 percent. These properties face slower absorption due to outdated layouts, limited access, or lack of modern features.

  • Higher availability, but lower tenant preference
  • Often attract price-sensitive or temporary users
  • May require upgrades to stay competitive

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