U.S. industrial rents continue to see strong gains, reports CBRE

In its “U.S. MarketFlash: Industrial Taking Rents Now Growing Faster Than Asking Rents, Reflecting Voracious Demand,” CBRE reported that average industrial asking rents headed up by a record 8.3% in the fourth quarter of 2020 and by 7.1% in the first quarter of 2021, with asking rents averaging 6.8% over the past five years.
Source: logistics Mgmt