For a business owner, managing warehouse expense is a priority. A recent retaildive.com article by Daphne Howland outlines the increasing demand and prices for prime warehouse space in the US.
Rents for prime warehouse space in the U.S. rose 9.9% in 2015, well past the 2.8% increase in the global industrial leasing rate. Six markets in particular were among the nine with the biggest increases globally, with Oakland (29.8%) topping the increases seen in also-hot Northern New Jersey, according to the report. Read more.
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