Procurement Market Intelligence Report

Industrial Facility Rental
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Industrial Facility Rental Global Overview

Definition

Summary

Industrial facilities include manufacturing, packaging, refrigeration and biotechnology buildings, as well as warehouses and multiuse buildings. Suppliers of industrial facilities include owner-lessors and companies that rent real estate and sublease it to others. Market suppliers may manage the property themselves or outsource the management responsibilities to a third party.

This Report Includes:

  • Manufacturing Facility Rental
  • Packaging Facility Rental
  • Refrigeration Facility Rental
  • Warehouse Rental

Not in this Report:

  • Office Building Rental
  • Shopping Center Rental
  • Retail Store Rental
  • Self-Storage
  • Residential Facility Rental

Global Industrial Facility Rental Market - Suppliers by Region

Country/RegionNumber of Suppliers
#1India63,690
#2Europe50,730
#3China36,530

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  • Canada
  • United States
  • Mexico
  • Latin America
  • South America
  • India
  • China
  • Europe
  • Africa & Middle East
  • Australi & New Zealand
  • Oceania & Southeast Asia

Geography Drilldown - US

Average Cost of Industrial Facility Rental

United States
2025 Market Pricing
$6.89 to $XXX.XX
per square foot per year

Average Price

Prices in the Industrial Facility Rental market range from $6.89 to $XXX.XX, depending on Geographic location, Lease term, Size of facility and Building grade classification. For example, lower prices are associated with Less Populated Areas ($6.89 to $12.25 per square foot per year), whereas higher prices are associated with More Populated Areas ($100 to $250 per square foot per year), Near Public Infrastructure ($150 to $250 per square foot per year) and Near Major Transportation Routes ($8 to $12.25 per square foot per year).

Need the scoop on international price trends?

Between our Europe and Canada collections, we provide price data for 350 markets so you can instantly compare prices across borders. Or, use our custom research services for intel on prices in any region across the globe.

Industrial Facility Rental Category Price Trends

Pricing trends are indicated by the compound annual growth rate (CAGR) during a set period of time. For the Industrial Facility Rental market, prices in the US have grown 1.2% from 2022 to 2025. Subscribers can access price trend forecasts, price driver projections and forward-looking cost structure data. Learn more

United States (2022-2025)

1.2%

Compound Annual Growth Rate
United States (2025-2028)
Compound Annual Growth Rate
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Price trend forecasts are available to subscribers, along with price driver projections and forward-looking cost structure data.

Cost Analysis - Total Cost of Ownership for Industrial Facility Rental

Total cost of ownership is High in the Industrial Facility Rental market. The average cost of ownership differs depending on the contract but generally includes costs negotiated before the contract begins, costs billed during the contract period and unforeseen costs. For example, unforeseen costs in the form of Hidden Fees may raise the total cost of ownership unexpectedly.

Negotiated Before

Rentals

Buyers will be paying rent, likely based on the square footage of the facility. Lessors set rental rates based on the price of similar facilities, market competition, and overhead costs.

Billed During

Upgrades

Many renters of industrial facilities will have to conduct substantial renovations to create functional spaces for their particular industrial or manufacturing activities. Renovations can range from the simple construction of rooms and basic infrastructure to a complete overhaul that requires major demolition and complex engineering like HVAC systems.

Maintenance

Although some lessors will cover portions of common area maintenance (CAM) fees, others will force tenants to assume all additional costs of maintaining the property. The specific costs assigned to tenants and suppliers will be outlined in the lease agreement, which can be categorized into one of two broad types: net leases and gross leases.

Unforeseen

Hidden Fees

Industrial facility rental services often involve a range of extra or hidden fees in addition to the price quoted for renting a facility. Potential additional fees may include CAM fees, renter’s insurance, late fees, increased rents after value is added during renovations, and security deposits.

Buyer Power in Procurement Negotiations

In 2025, buyer power amounts to -0.4 in the United States. Buyer power is most positively impacted by Recent Price Volatility. It is most negatively impacted by Market Share Concentration. Subscribers can access details on eight other factors that impact buyer power. Learn more

United States
-0.4

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Supply Chain Risk

The average level of supply chain risk is assessed as Medium, which has a negative impact on buyer power. The level of supply chain risk is affected by industry volatility, barriers to entry, competition, import penetration, regulation and industry financial risk. Buyers in this market can mitigate procurement and supply chain management risks by monitoring risk levels for individual first and second tier suppliers:

1st

Tier Suppliers

  • Real Estate Sales & Brokers
  • Property, Casualty, and Direct Insurance Firms
  • Property Management Companies
  • Utilities Providers
  • Industrial Building Construction Firms
  • Real Estate Loaners

2nd

Tier Suppliers

  • Engineering Firms
  • Law Firms
  • Landscaping Service Providers
  • Water & Sewer Line Construction Firms
  • Transmission Line Construction Firms

Biggest Industrial Facility Rental Suppliers in the US by Revenue

The largest Industrial Facility Rental vendors by revenue in the US are Centerpoint Properties Trust, Cushman & Wakefield Plc and Duke Realty Corporation. Subscribers can sort and filter by market share concentration, profit level and other factors. Learn more

SupplierOperational SizeHeadquartersNumber of EmployeesMarket Share (%)Market Share Performance (3yr trend)Total Revenue ($ million)Profit Level (%)Risk Level
Cbre Group, Inc.GlobalDALLAS, TX>10,000< 5
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Jones Lang Lasalle IncorporatedGlobalCHICAGO, IL>10,000< 5
Cushman & Wakefield PlcGlobalLONDON>10,000< 5
Prologis, Inc.GlobalSAN FRANCISCO, CA1,001-10,000< 5
Brookfield CorporationGlobalToronto, CA>10,001< 5
Duke Realty CorporationNationalINDIANAPOLIS, IN251-500< 5
First Industrial Realty Trust, Inc.NationalCHICAGO, IL101-250< 5
Majestic Realty CompanyNationalCity of Industry, CA251-500< 5
Eastgroup Properties, Inc.NationalRIDGELAND, MS51-100< 5

Looking for a list of suppliers by country?

Subscribers can access vendor information on Canadian and European suppliers, too. We also offer custom research services to help with vendor sourcing anywhere in the world.

Profit Analysis

The average profit margin across vendors in the Industrial Facility Rental market is 46.4% and steady. Profit levels shift depending on suppliers' spend on wages, purchases and overhead. The highest cost component for vendors is Purchases. The cost trend for this component is stagnating, when considering movement between 2024 and 2025. To understand cost forecasts for 2026 and uncover the implications on profit, start your subscription. Learn more

Vendor & Supply Chain Analysis

Vendor risk is low due to long contracts and minimal competition from substitutes, indicating that vendors operate with stability and the risk of service disruptions due to financial issues is low. However, this also reduces buyers' leverage in negotiating terms for renting an industrial facility.

Market share concentration is very low, with thousands of lessors in this market, which spreads demand across vendors and heightens competition, helping to keep prices low and boost buyer power. Buyers should be aware that some major players have stronger pricing leverage, but there are numerous small-scale providers that offer competitive options.

Supply chain risk is moderate due to upstream firms like insurance and finance companies that buyers rely on to secure rentals. These risks are translated into costs that increase the price of industrial facility rentals.

The United States is a net importer of computers, meaning it imports more computers than it exports. While lower manufacturing costs abroad drive down prices for imported computers, relying on imports can lead to potential shortages or price increases if there are supply chain disruptions due to geopolitical tensions, trade disputes, or global crises.

Supplier Information

Centerpoint Properties Trust

Centerpoint Properties Trust is a private company operating nationally in the real estate and rental and leasing sector. The company's offerings include industrial facility rental. Founded in 1984, the company is currently headquartered in Oak Brook, Illinois, United States of America with an estimated 239... Subscribe to learn more

Eastgroup Properties, Inc.

Eastgroup Properties, Inc. is a public company operating nationally in the real estate and rental and leasing sector. The company's offerings include industrial facility rental. Founded in 1969, the company is currently headquartered in RIDGELAND, Mississippi, United States of America with an estimated 87... Subscribe to learn more

Majestic Realty Company

Majestic Realty Company is a private company operating nationally in the real estate and rental and leasing sector. The company's offerings include industrial facility rental. Founded in 1948, the company is currently headquartered in City of Industry, California, United States of America with an estimated... Subscribe to learn more

First Industrial Realty Trust, Inc.

First Industrial Realty Trust, Inc. is a public company operating nationally in the real estate and rental and leasing sector. The company's offerings include industrial facility rental. Founded in 1994, the company is currently headquartered in CHICAGO, Illinois, United States of America with an estimated... Subscribe to learn more

Duke Realty Corporation

Duke Realty Corporation is a public company operating nationally in the real estate and rental and leasing sector. The company's offerings include industrial facility rental. Founded in 1972, the company is currently headquartered in INDIANAPOLIS, Indiana, United States of America with an estimated 340 employees.... Subscribe to learn more

Brookfield Corporation

Brookfield Corporation is a public company operating globally in the real estate and rental and leasing sector. The company's offerings include industrial facility rental. Founded in 1997, the company is currently headquartered in Toronto, Canada with an estimated employee count of over 10,000. Subscribe to learn more

Prologis, Inc.

Prologis, Inc. is a public company operating globally in the real estate and rental and leasing sector. The company's offerings include industrial facility rental and commercial real estate rental. Founded in 1983, the company is currently headquartered in SAN FRANCISCO, California, United States of America... Subscribe to learn more

Cushman & Wakefield Plc

Cushman & Wakefield Plc is a public company operating globally in the real estate and rental and leasing, professional, scientific and technical services and administration, business support and waste management services sectors. The company's offerings include facility maintenance & repair services, industrial... Subscribe to learn more

Jones Lang Lasalle Incorporated

Jones Lang Lasalle Incorporated is a public company operating globally in the real estate and rental and leasing, professional, scientific and technical services and administration, business support and waste management services sectors. The company's offerings include business valuation services, industrial... Subscribe to learn more

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Procurement Management KPIs for the Industrial Facility Rental Market

Managing vendor performance throughout the contract period is easier when tracking specific key performance indicators (KPIs). For example, buyers should monitor Average Time to Repair and IT Support Employees per End Users. Buyers may experience better performance throughout their contracts if they establish service level agreements (SLAs) based on Pricing and other factors.

KPILevel of Importance (1-5)MeasurementsKey Considerations
Average Time to Repair

Time to hire a repair contractor

Time for repair contractor to start and complete repairs

Time to respond to renter's repair request

If a lessor offers repairs, renters should determine if the lessor can organize repairs quickly.

A long time to repair can indicate poor lessor communication or poor contractor sourcing.

IT Support Employees per End Users

Number of IT employees

Number of end users

Vendors often use proprietary software to monitor and control a facility’s internal systems. Renters should determine if there is IT staff available to service the software should any problems occur.

Many vendors do not retain staff, so they have contractors for IT needs. Renters should be aware that IT problems will take longer in these circumstances, potentially delaying operations at the rental property.

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Questions to Ask During Procurement Negotiations

How can I gain leverage during negotiations?

Surcharges

What expenses do rental fees cover?

What level of responsibility will renters have for CAM or administrative fees?

Contract

What is the standard length of lease agreements?

Can extending the initial lease term yield cost savings over the life of the contract?

Location

Is the facility located in a light or heavy industrial zone?

Are there any zoning ordinances that affect how the facility can be renovated?

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Industrial Facility Rental RFP Guidelines

What should my RFP include?

Organizational Overview

Buyers should give an overview of their organizations, including their industry, products and services offered, location(s) and type of ownership.

Buyers should give a brief overview of their desired property, including minimum square footage, type (e.g. manufacturing, warehousing, distribution) and location.

Statement Of Need

Buyers should give a more detailed description of their desired property, including its class (i.e. A, B or C), age and amenities (e.g. cranes, office space infrastructure).

Buyers should outline their property's desired features and specifications, which may include size specifications, requests regarding HVAC systems and more.

Project Budget

Vendors should include the base rental rate for the property, typically in the form of per square foot per month.

Vendors should include other costs for which buyers are responsible, such as utilities and parking.

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  • Supply chain and vendors
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