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Industrial Rents Seen Rising As Much as 25% as Space Shortage Worsens

Record Rent Increases Generate Profits As Some Industrial Developers Turn to Conversions to Add Space
Rexford Industrial bought Volt Corporate Office Park in Orange, California, with plans to convert the property to warehouses. (CoStar)
Rexford Industrial bought Volt Corporate Office Park in Orange, California, with plans to convert the property to warehouses. (CoStar)
CoStar News
October 26, 2021 | 1:51 AM

The holiday season is fast approaching, and the nation's available warehouse space keeps shrinking.

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