Search By Topic The Green Supply Chain Distribution Digest
Supply Chain Digest Logo

Supply Chain Graphic of the Week: US Warehouse Rates still Rising even as Demand Softens


Lease Rates Up 16.1% in Q2

Aug. 3, 2023



The good times for warehouse owners continue on.


As seen in the graphic below, US arehouse lease rates have never been as high as they were in the second quarter, when the average asking rent for industrial space reached $9.59 a square foot, according to new analysis from real estate firm Cushman & Wakefield:



Source: Wall Street Journal


That increase includes a 16.1% rise in rates in Q2 versus the same period last year.


That despite some signs demand is falling. Vacancy rates for industrial real estate also rose in Q2, reaching 4.1% in the second quarter after bottoming out at close to 3% late in 2022.


But market fundamentals continue to favor warehouse owners.


Any reaction to our Supply Chain Graphic of the Week? Let us know your thoughts at the Feedback button below.


Your Comments/Feedback







Follow Us

Supply Chain Digest news is available via RSS
RSS facebook twitter youtube
bloglines my yahoo
news gator


Subscribe to our insightful weekly newsletter. Get immediate access to premium contents. Its's easy and free
Enter your email below to subscribe:
Join the thousands of supply chain, logistics, technology and marketing professionals who rely on Supply Chain Digest for the best in insight, news, tools, opinion, education and solution.
i goof s a s       
Home | Subscribe | Advertise | Contact Us | Sitemap | Privacy Policy
© Supply Chain Digest 2006-2023 - All rights reserved