News / US warehouse rents on the increase as e-commerce puts pressure on space

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If you build it, chances are not only that tenants will come, but also that others would like to come too. Warehouse space in the US is tight, and users are facing double-digit increases in charges as a result.

A 9.2% drop in the first quarter saw availability of industrial space at its lowest level since 2001, with the national vacancy rate down to 6.1% in the period.

According to CBRE Group, a Los Angeles-based commercial real estate services and investment firm which published these ...