2026
HUNTSVILLE
Q2 2026 Huntsville Market Report
Market stats based on a specific set of tracked properties for Industrial and Office sectors.
Industrial Occupancy
90.8%
36.0M SF tracked market
Industrial Vacancy
3,296,365 SF
Office Occupancy
83.3%
21.3M SF across 3 submarkets
Office Absorption
+19,685 SF
Net positive Q2 2026
Industrial Market Overview
36,030,324 SF across 4 submarkets | 90.8% occupied
Occupancy by Submarket
| Submarket | Total SF | Vacant SF | Occupancy |
|---|---|---|---|
| Jetplex | 13,033,841 | 1,351,102 | 89.6% |
| North/Central | 6,835,515 | 477,370 | 93.0% |
| Greenbrier | 11,016,538 | 1,396,533 | 87.3% |
| Chase | 5,144,430 | 71,360 | 98.6% |
| Total | 36,030,324 | 3,296,365 | 90.8% |
Jetplex
Total SF13,033,841
Vacant SF1,351,102
Occupancy89.6%
North/Central
Total SF6,835,515
Vacant SF477,370
Occupancy93.0%
Greenbrier
Total SF11,016,538
Vacant SF1,396,533
Occupancy87.3%
Chase
Total SF5,144,430
Vacant SF71,360
Occupancy98.6%
Office Market Overview
21,287,139 SF across 3 submarkets — 83.3% occupied
Occupancy by Submarket
| Submarket | Vacancy Rate | Avg. Quoted Rate | Q2 Absorption |
|---|---|---|---|
| CRP | 18.2% | $23.00 FS | 2,486 SF |
| CBD/Downtown | 14.7% | $28.00 FS | 16,075 SF |
| Madison/Jetplex | 9.5% | $22.50 FS | 38,243 SF |
| Overall Market | 16.7% | $25.00 FS | 19,685 SF |
CRP
Vacant SF2,756,616
Vacancy Rate18.2%
Q2 Absorption+2,486 SF
Avg. Rate$23.00 FS
CBD/Downtown
Vacant SF620,792
Vacancy Rate14.7%
Q2 Absorption+16,075 SF
Avg. Rate$28.00 FS
Madison/Jetplex
Vacant SF180,551
Vacancy Rate9.5%
Q2 Absorption+38,243 SF
Avg. Rate$22.50 FS
Average Quoted Rate by Submarket ($/SF, FS)
Selected Transactions
Q2 2026 — 4 transactions closed
Sold
Office Building in Downtown Huntsville
308 Clinton Avenue, Huntsville, AL
41,580 SF
Bart Smith, ccim, sior · Tyler Fanning, sior
Represented: Seller
Leased
Office Building in the Jetplex Area
124 Jetplex Boulevard, Huntsville, AL
63,000 SF
Bart Smith, ccim, sior
Represented: Landlord
Sold
Office Complex in CRP Corridor
133 & 145 West Park Loop, Huntsville, AL
38,800 SF
George Twitty
Represented: Buyer
Leased
PARK 565
23275 & 23363 Bibb Garrett Road, Tanner, AL
306,354 SF
Jeremy D. Pope, ccim, sior
Represented: Landlord
