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Falling Construction Prices Don’t Translate Into Warehouse Oversupply

Higher Rates, Slower Economic Outlook Keeps Supply Growth in Check
A new warehouse under construction at 9845 68th St. South East at the 68th Street Logistics Park in Calgary, Alberta. (CoStar)
A new warehouse under construction at 9845 68th St. South East at the 68th Street Logistics Park in Calgary, Alberta. (CoStar)
CoStar Analytics
October 26, 2023 | 6:16 P.M.

The spike in demand for modern logistics space in recent years has led to more projects breaking ground. Yet the new supply pipeline remains disciplined.

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