2026
HUNTSVILLE
Q3 2026 Huntsville Market Report
Market stats based on a specific set of tracked properties for Industrial and Office sectors.
Industrial Occupancy
91.1%
36.0M SF tracked market
Industrial Vacancy
3,215,291 SF
Office Occupancy
83.6%
21.3M SF across 3 submarkets
Office Absorption
+11,432 SF
Net positive Q3 2026
Industrial Market Overview
36,030,324 SF across 4 submarkets | 91.1% occupied
Occupancy by Submarket
| Submarket | Total SF | Vacant SF | Occupancy |
|---|---|---|---|
| Jetplex | 13,033,841 | 1,228,494 | 90.6% |
| North/Central | 6,835,515 | 461,370 | 93.3% |
| Greenbrier | 11,016,538 | 1,454,067 | 86.8% |
| Chase | 5,144,430 | 71,360 | 98.6% |
| Total | 36,030,324 | 3,215,291 | 91.1% |
Jetplex
Total SF13,033,841
Vacant SF1,228,494
Occupancy90.6%
North/Central
Total SF6,835,515
Vacant SF461,370
Occupancy93.3%
Greenbrier
Total SF11,016,538
Vacant SF1,454,067
Occupancy86.8%
Chase
Total SF5,144,430
Vacant SF71,360
Occupancy98.6%
Office Market Overview
21,287,083 SF across 3 submarkets — 83.6% occupied
Occupancy by Submarket
| Submarket | Vacancy Rate | Avg. Quoted Rate | Q3 Absorption |
|---|---|---|---|
| CRP | 17.5% | $25.50 FS | (57,874) SF |
| CBD/Downtown | 15.5% | $26.00 FS | 0 SF |
| Madison/Jetplex | 9.4% | $23.00 FS | 69,306 SF |
| Overall Market | 16.4% | $25.38 FS | 11,432 SF |
CRP
Vacant SF2,653,147
Vacancy Rate17.5%
Q3 Absorption(57,874) SF
Avg. Rate$25.50 FS
CBD/Downtown
Vacant SF654,659
Vacancy Rate15.5%
Q3 Absorption0 SF
Avg. Rate$26.00 FS
Madison/Jetplex
Vacant SF178,631
Vacancy Rate9.4%
Q3 Absorption+69,306 SF
Avg. Rate$23.00 FS
Average Quoted Rate by Submarket ($/SF, FS)
Selected Transactions
Q3 2026 — 4 transactions closed
Sold
Office Flex Facility in Decatur
1225 5th Avenue, Decatur, AL
5,250 SF
George Twitty
Represented: Seller
Leased
Industrial Facility in the Jetplex Area
300 Production Avenue, Madison, AL
10,000 SF
Jeremy D. Pope, ccim, sior
Represented: Landlord
Sold
Prime Commercial Land near Providence
1656 Old Monrovia Road, Huntsville, AL
5.03 Acres
Bart Smith, ccim, sior · Tyler Fanning, sior
Represented: Seller
Sold
Fully Leased Industrial Flex Facility in South Huntsville
11607 Memorial Parkway, Huntsville, AL
40,000 SF / 2.76 Acres
Bart Smith, ccim, sior
Represented: Seller
