Why Warehouse Rents Keep Going Up While Demand Is Dropping

Wall Street Journal, Aug. 2, 2023-Liz Young (subscription)
Warehouse rental prices across the U.S. have never been as high as they were in the second quarter, when the average asking rent for industrial space reached $9.59 a square foot. 
https://www.wsj.com/articles/why-warehouse-rents-keep-going-up-while-demand-is-dropping-4dc9a120