Omaha’s Industrial Market Continues to Be Hot Despite Inflation Concerns
The industrial market continues to be a hot market despite concerns over inflation. E-commerce marketplace has continued to drive increased rents in the industrial market. The rental rate rose almost 6 percent from $7.01 to $7.42 year over year. Omaha has a booming industrial market especially along the corridors of Highway 370, Interstate 80, and Highway 50. The industrial market in Omaha has added over 10 million square feet to its footprint since the second quarter of 2020, which is almost 14 percent growth in the last two years.