industrial warehouse rents

More inventory requires more space. Real estate services firm JLL sees space in short supply alongside heightened rents through 2023.

Growing e-commerce demand is likely to require higher inventories for timely fulfillment. That means a congested supply chain could become the new norm.

A Thursday report from logistics real estate investment trust Prologis shows market rents grew at the fastest pace recorded during 2021.

Prologis’ second-quarter results exceeded analysts’ expectations, and guidance moved higher as property rents are increasing at a record pace.