The annual asking rent per square foot of big-box distribution space in the United States has more than doubled between 2013 and 2023. In the first half of 2023, the yearly asking rent per square foot of big-box building inventory amounted to close to 8.1 U.S. dollars, an increase as compared to 7.6 U.S. dollars per square foot in 2022. Big-box buildings refers to large industrial buildings used for distribution. The number of big-box buildings has steadily increased since 2013.
Annual asking rent per square foot of industrial big-box property in the United States from 2013 to 1st half 2023
(in U.S. dollars)
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Colliers International. (September 27, 2023). Annual asking rent per square foot of industrial big-box property in the United States from 2013 to 1st half 2023 (in U.S. dollars) [Graph]. In Statista. Retrieved October 06, 2024, from https://www.statista.com/statistics/752906/taking-rent-per-sf-of-big-box-buildings-north-america/
Colliers International. "Annual asking rent per square foot of industrial big-box property in the United States from 2013 to 1st half 2023 (in U.S. dollars)." Chart. September 27, 2023. Statista. Accessed October 06, 2024. https://www.statista.com/statistics/752906/taking-rent-per-sf-of-big-box-buildings-north-america/
Colliers International. (2023). Annual asking rent per square foot of industrial big-box property in the United States from 2013 to 1st half 2023 (in U.S. dollars). Statista. Statista Inc.. Accessed: October 06, 2024. https://www.statista.com/statistics/752906/taking-rent-per-sf-of-big-box-buildings-north-america/
Colliers International. "Annual Asking Rent per Square Foot of Industrial Big-box Property in The United States from 2013 to 1st Half 2023 (in U.S. Dollars)." Statista, Statista Inc., 27 Sep 2023, https://www.statista.com/statistics/752906/taking-rent-per-sf-of-big-box-buildings-north-america/
Colliers International, Annual asking rent per square foot of industrial big-box property in the United States from 2013 to 1st half 2023 (in U.S. dollars) Statista, https://www.statista.com/statistics/752906/taking-rent-per-sf-of-big-box-buildings-north-america/ (last visited October 06, 2024)
Annual asking rent per square foot of industrial big-box property in the United States from 2013 to 1st half 2023 (in U.S. dollars) [Graph], Colliers International, September 27, 2023. [Online]. Available: https://www.statista.com/statistics/752906/taking-rent-per-sf-of-big-box-buildings-north-america/