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Real Estate

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CBRE: Logistics rents skyrocket along the US Northeast Corridor

E-commerce and third-party logistics (3PL) users accounted for more than half of all industrial leasing activity in H1 2021. High demand is not the only driver behind increased taking rents; supply chain constraints, delayed construction timelines, and upended budgets resulted in low availability and contributed to bidding wars as occupiers compete for suitable space.

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