Village staff: Germantown has substantial Class A industrial inventory with elevated vacancy; commission to follow up with market reports Village staff presented commercial real-estate data showing roughly 3.8 million sq ft of Class A industrial space with a 19.9% vacancy rate and modest YTD absorption, while Class B and flex space vacancy are much lower; commissioners requested additional market reports and EDWC data at the Dec. 9 meeting.

Germantown's industrial real estate market is facing a significant challenge, with nearly 3.8 million square feet of Class A space sitting vacant at a staggering 19.9% rate.

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Germantown staff to compile vacant-storefront and commercial-lot data; EDWC invited to advise Administrator Krecklow described a staff effort to compile maps and lists of lots for sale (noting a 5-acre+ lot list prepared for a police-facility discussion) and proposed focusing initial data collection on County Line Road storefronts. The commission asked staff to return Nov. 11 with ownership data and vacancy counts and to explore commercial-

Germantown is taking a proactive step to revitalize its economy by mapping vacant storefronts and large lots for sale—could this be the key to attracting new businesses?

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#GermantownWashingtonCounty #WI #CitizenPortal #GermantownEconomicDevelopment #BusinessReuse