Cambridge prime industrial rental growth driven by stock shortages
Bidwells’ Summer 2018 Cambridgeshire Industrial databook paper reports prime industrial rents now stand at £13.50 per sq ft.
Over the past 15 years Cambridge city has lost one third (1.3m sq ft) of its industrial floorspace to alternative uses, but with limited new allocations for industrial development rents will see further upward pressure over the coming 12 months.
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