The share of industrial leases sized up to 50,000 square feet with a term of between three and five years has risen steadily over the past few quarters to account for more than 40% of all leases by number. This is the highest percentage in at least 15 years and, for the first time on record, the most frequent lease length.
Analysis
Industrial Leases of Between Three and Five Years Soar in Popularity
Leases of Three to Five Years Are More Frequent Than Five-Year-Plus Ones in Small- to Mid-Sized Units
CoStar Analytics
June 21, 2024 | 1:09 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In