US Industrial Rents Up Nearly 6% This Year

US industrial rents have grown significantly this year, despite—or perhaps driven by—the global coronavirus pandemic. According to the Winter 2020 US industrial and logistics report from Colliers International, US industrial rents have increased 5.6% year-over-year. Industrial rents continued to gain steam in the third quarter, increasing 2.6% quarter-over-quarter to $7.21 per square foot. Read Kelsi Borland’s Article