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Tenants of large warehouses sign shorter leases, focus on efficiency gains

Terms compress to between three and five years
In March, DHL signed a five-year lease for this 2025-built logistics property with a 40-foot clear height and measuring just under 612,000 square feet in the Olive Logistics Center in Phoenix.
In March, DHL signed a five-year lease for this 2025-built logistics property with a 40-foot clear height and measuring just under 612,000 square feet in the Olive Logistics Center in Phoenix.
CoStar Analytics
June 22, 2026 | 6:57 P.M.

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