| TYPE |
1997 |
1998 |
1999 |
2000 |
2001 |
| Incubator (1,000 - 2,500 s.f.) |
$.45-.55 |
$.50-.58 |
$.52-.60 |
$.58-.70 |
$.62-.72 |
| Small (2,500 - 7,500 s.f.) |
$.44-.52 |
$.48-.54 |
$.50-.54 |
$.50-.60 |
$.60-.70 |
| Medium (7,500 - 15,000 s.f.) |
$.42-.45 |
$.44-.48 |
$.46-.50 |
$.49-.55 |
$.50-.62 |
| Large (15,000+ - 40,000 s.f.) |
$.36-.40 |
$.38-.42 |
$.38-.44 |
$.41-.53 |
$.44-.55 |
| Very Large (40,000 & up s.f.) |
$.29-.34 |
$.30-.35 |
$.30-.36 |
$.33-.48 |
$.35-.50 |
* Based on Industrial Gross Leases, assumes 5-10% office area.
These rates compiled by David B. Granger and Lawrence E. Hazard, SIOR
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