INDUSTRIAL REAL ESTATE INFORMATION
Size of Facility
Sales Prices ($/s.f.)
Gross Lease
Const. Costs ($/s.f.)
Central City
Suburban
Central City
Suburban
Less than 5,000 s.f.
$50.00
$65.00
$4.25
$7.50
$90.00
5000-19,999 s.f.
$35.00
$55.00
$4.25
$5.75
$85.00
20,000-39,999 s.f.
$30.00
$42.00
$3.95
$5.00
$70.00
40,000-59,999 s.f.
$22.00
$40.00
$3.75
$4.25
$60.00
60,000-99,999 s.f.
$15.00
$38.00
$3.25
$3.95
$45.00
100,000-250,000 s.f.
$10.00
$35.00
$2.75
$3.90
$37.00
>250,000 s.f.
$9.00
$25.00
$2.00
$3.25
$31.00
High tech R&D
$85.00
$10.00
$13.00
$130.00
Source: Society of Industrial and Office Realtors, January 2005