After peaking in 2023, the average rent for industrial real estate for warehouse distribution use in New York City Metro declined. In the third quarter of 2025, the average rent was  U.S. dollars per square foot. Despite the decrease, this was notably higher than 2017, when it amounted to **** U.S. dollars. New York City Metro is one of the leading markets in the U.S. in terms of industrial and logistic state inventory.
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Colliers International. (November 14, 2025). Average rent for warehouse space in New York City Metro, New York, from 2017 to 2025 (in U.S. dollars per square foot) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 02, 2026, from /statistics/1469348/warehouse-space-real-estate-rent-new-york-city/
Colliers International. "Average rent for warehouse space in New York City Metro, New York, from 2017 to 2025 (in U.S. dollars per square foot)." Chart. November 14, 2025. ÌÇÐÄÆÆ½â°æ. Accessed August 02, 2026. /statistics/1469348/warehouse-space-real-estate-rent-new-york-city/
Colliers International. (2025). Average rent for warehouse space in New York City Metro, New York, from 2017 to 2025 (in U.S. dollars per square foot). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 02, 2026. /statistics/1469348/warehouse-space-real-estate-rent-new-york-city/
Colliers International. "Average Rent for Warehouse Space in New York City Metro, New York, from 2017 to 2025 (in U.S. Dollars per Square Foot)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 14 Nov 2025, /statistics/1469348/warehouse-space-real-estate-rent-new-york-city/
Colliers International, Average rent for warehouse space in New York City Metro, New York, from 2017 to 2025 (in U.S. dollars per square foot) ÌÇÐÄÆÆ½â°æ, /statistics/1469348/warehouse-space-real-estate-rent-new-york-city/ (last visited August 02, 2026)
Average rent for warehouse space in New York City Metro, New York, from 2017 to 2025 (in U.S. dollars per square foot) [Graph], Colliers International, November 14, 2025. [Online]. Available: /statistics/1469348/warehouse-space-real-estate-rent-new-york-city/