Chicago-based industrial real estate firm JLL said in its “First Look at Industrial” report for the third quarter of 2017 that market indicators continue to see significant increases. One example of this is for rent, which JLL said are being paced by a combination of an increase in warehouse and logistics absorption and “persistently low” market vacancy. Third quarter rents checked in at $5.40 per square foot, which JLL said is an all-time high.

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