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How Tenants Look at Cubic Feet vs. Square Feet

Fifteen years ago, large buildings may have had a 24-foot clear height, whereas today, it is a different story, one source EXCLUSIVELY tells GlobeSt.com as part of GlobeSt.com's continued 15th anniversary celebration.

By Natalie Dolce | Updated on August 04, 2015

One the most significant changes in the industrial real estate sector is the increase in overall size and clear heights of industrial buildings across the US. That is according to Pat Ward, founder of MetroGroup Realty Finance. “Today, large industrial distribution and warehouse users are seeking substantially larger buildings than those that existed 15 years ago.”

GlobeSt.com exclusively spoke with Ward on how the sector has evolved in terms of space use and demand. He notes that “We are commonly seeing industrial buildings that are one million square feet or larger. Fifteen years ago, large buildings may have had a 24-foot clear height, whereas today, it is very common for buildings to have 36-foot clear height. The increased clear heights allow warehouse users to look at their space in terms of cubic feet rather than merely square feet.” 

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