Warehouse
US warehouse rents will defy logistics transportation rate drop -Prologis CEO July 19, 2023

US warehouse rents will defy logistics transportation rate drop -Prologis CEO

Warehouse rents will continue to rise even as other supply-chain costs tumble from pandemic highs, the CEO of the world's largest warehouse landlord told Reuters on Tuesday. Lease prices have proven far more resilient than air, ship, truck and train transportation rates which have dropped sharply due to the consumer spending shift from goods to…

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