Warehouse rents expected to rise in 2024 — SupplyChainDive.com

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Warehouse rents have been on the rise and, according to industry experts, are expected to continue to increase in 2024:

Asking rents for U.S. warehouse and distribution space reached a record-high $9.72 per square foot in 2023, up 20.6% year over year, according to data released in January from real estate giant Colliers.

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