NewsUS warehouse space will be at a premium this year, cargo owners warned

February 6, 2025by 0

Prologis ended 2024 on a high note. The commercial real estate behemoth leased 61m sq ft of warehouse space in the fourth quarter, setting a new company record, and with a large chunk of the business signed in December.
The company’s report on last year’s market shows a reversal from the highs of the preceding years. Global logistics rents sank 5%, with a 7% drop in the US and Canada, while …

The post US warehouse space will be at a premium this year, cargo owners warned appeared first on The Loadstar.

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