Press "Enter" to skip to content

CBRE research shows ongoing demand leads construction of new warehouses

CBRE reported that there is more than 255 million square-feet of warehouse space under construction, with 70.2% of it being speculative. What’s more, CBRE said that based on data issued by CBRE Econometric Advisors, going back to 2015, warehouse demand has outpaced new construction completions by 169 million square-feet, with rents up 19.2% over that same period.
Source: logistics Mgmt

Be First to Comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *