Industrial rents inch up 0.5% in 2Q2026, reaching highest level since 1996

Overall industrial rents rose 0.5% q-o-q in 2Q2026, extending the 0.4% increase recorded in 1Q2026, according to JTC statistics released on July 23. The index hit its highest level since 2Q1996, capping 23 consecutive quarters of growth since the trough during the pandemic in 3Q2020. Since then, rents have climbed…