Lease rates for airport warehouses are soaring

Leases & LoansMoney Matters
Written By Jennifer Joslyn

✈️ Lease rates for airport warehouses are soaring.

Warehouses near airports are typically always used to support air freight shipments and imports due to their proximity to the airstrip. According to new research from the real estate firm CBRE, rent for warehouses within a five-mile radius of some of the largest airports in the world ranks about 18.8% higher than warehouses in metropolitan areas. Some of the hottest stops are John F. Kennedy International Airport in New York, Los Angeles International Airport, and Miami International Airport… where any more space for warehouse development is lacking.

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Jennifer Joslyn
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