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Story perspectives

Midwest Industrial Rents See Modest Growth in November

1/25/2025

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Story summary
  • Industrial rents in the Midwest experienced slight growth in November, according to Yardi Matrix’s December report.
  • St. Louis reported the lowest growth at 2.7% year-over-year.
  • Kansas City saw a 3.2% increase, Detroit 3.6%, and Minneapolis/St. Paul 4.2%.
  • Six of the eight markets with the lowest rent growth are located in the Midwest.