Contract Warehousing in 2026: The Spare Space Is Gone, So Price 2027 Like It
Contract warehousing rates are rising into 2027 because demand has absorbed spare capacity in modern industrial buildings. National vacancy sits at 6.8%, and the most desirable Class A locations are tighter. Put storage in the 2027 budget now, not on a list to revisit after renewal.
What do Q3 industrial reports show?
Recent reports show a landlord’s market in the buildings shippers want most. Prologis reported 95.6% occupancy and rent changes of 23.4% cash and 38.0% net effective on Q3 leases.
JLL: 202.6M sq. ft. leasing, up 38.5% year over year; Class A buildings over 1M sq. ft. were 5.4% vacant, versus 9.5% a year earlier.
JLL asking rent: $10.55 per sq. ft., up 3.2%; 317M sq. ft. under construction. Cushman & Wakefield reported 76.6M sq. ft. of absorption, strongest since Q1 2023, and rents up 4%.

How should buyers price 2027 storage?
The market is two-tiered: Class A space near ports and rail is tight, while older, smaller buildings may still have room. These reports are industry signals, not rate quotes.
Budget for potential double-digit renewal increases in strong locations; add rent pass-throughs or escalators to multi-year quotes.
Avoid fixed storage rates beyond 12 months unless your own lease is fixed longer.
Use 3PL space to defer long-term commitments, and expect lean inventory to leave less buffer for late vessels or port delays.

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From its Glen Burnie warehouse, Lanta Logistics supports Maryland 3PL and Mid-Atlantic fulfillment, including food-grade warehousing and Hazmat-licensed storage. Access to I-95, I-695, BWI and the Port of Baltimore reaches 100M+ consumers within a day’s drive. CVSA Brake Safety Week ran Aug 23-29, 2026, highlighting DOT brake-inspection readiness.
Plan your 2027 footprint with Lanta Logistics.
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