Warehouse rents near cargo airports skyrocket, report says

A forklift operator picks up pallets in a warehouse.

Rising expectations for fast delivery of high-value products has fueled demand for near-airport warehouses and forced tenants to pay substantial rent premiums compared to other industrial spaces in large metropolitan areas, according to a new report from CBRE

The Dallas-based commercial real estate services and investment firm found that average rents for warehouses within a 5-mile radius of major airports are 18.8% higher than the average for the region. The analysis covered the 20 busiest...

https://www.freightwaves.com/news/warehouse-rents-near-cargo-airports-skyrocket-report-says

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