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US warehouse space will be at a premium this year, cargo owners warned

Prologis ended 2024 on a high note. The commercial real estate behemoth leased 61m sq ft of warehouse space in the fourth quarter, setting a new company record, and with a large chunk of the business signed in December.
The company’s report on last year’s market shows a reversal from the highs of the preceding years. Global logistics rent…

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