Despite early signs of cooling off, industrial real estate remains in high demand, with the national vacancy rate at a historical low of 4% and rents averaging an all-time high of about $10-per-square-foot (CoStar). Record rent growth has resulted in the emergence of a new niche market within industrial, known as cowarehousing. Similar to coworking spaces at office properties that reduce tenant costs, cowarehousing companies such as Saltbox offer smaller private warehouse suites ranging between 100 and 2,000 square feet, on-site management teams, security, Wi-Fi, temperature control, and shared kitchen and conference spaces. These amenities are geared towards small businesses, which make up most cowarehousing spaces. As rents remain high, industrial landlords of smaller warehouses who are considering selling have the opportunity to repurpose or rebrand their properties as future cowarehousing spaces.

I N D U S T R I A L   N E W S

Meet Cowarehousing, Industrial Property For The Little Guy
CoStar – August 10, 2022
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What The Latest Manufacturing Numbers Mean For Industrial
Globe St. – August 18, 2022
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Retailers Suffer From Inventory Bloat As
US ​​Consumers End Two-Year Spree
WealthManagement.com – August 18, 2022
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Americold Swings To Second-Quarter Profit
After Increasing Prices
CoStar – August 5, 2022
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Industrial Commercial Real Estate Market
Cooling Off, NAIOP Forecasts
Mile High CRE – August 16, 2022
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R E G I O N A L   N E W S

Dallas Designer Recasting Colorless Warehouse Space
Connect CRE – August 15, 2022
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Target’s Denver Sortation Facility To Take Place Of Paulino Gardens
Bisnow – August 4, 2022
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KKR Expands Industrial Real Estate Portfolio In The Sunbelt
With Acquisitions In Georgia And Texas
BusinessWire – August 9, 2022
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Eight Warehouses Between Chicago And Milwaukee
Sell For About $380 Million
CoStar – August 8, 2022
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Bridge Industrial Acquires Future Site Of Bridge Point
Melrose Park II In Forward Sale
REJournals – August 17, 2022
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