Industrial rents rocket to a record high in 3Q15

However, momentum has slowed.

Industrial rents hit new highs in 3Q15 but momentum slowed.

According to a research note from CBRE, warehouse rents rose by 0.9% q-o-q, compared to a decline of 0.3% q-o-q in Q2 2015.

Demand continued to be skewed towards cargo lift access buildings.

This means that rents for ramp access buildings edged down slightly by 0.2% q-o-q, bringing the y-t-d decline to 1.3%.

Here's more from CBRE:

In contrast, cargo lift access buildings registered 0.7% q-o-q growth.

Rents for I/O buildings continued to outperform, benefiting from falling vacancy in the office market.