2025 Industrial Construction Cost Guide

Distribution Center Costs—YOY Comparison Small, medium and large projects by market

30%

20%

10%

0%

-10%

-20%

-30%

Miami

Dallas

Detroit

Seattle

Denver

Atlanta

Calgary

Toronto

Phoenix

St. Louis

Chicago

Houston

Portland

Vancouver Montreal

Nashville

Memphis

Louisville

Charlotte

Baltimore

Cleveland

Cincinnati

Las Vegas

San Diego

Monterrey

Milwaukee

Pittsburgh Los Angeles

Costa Rica

NewJersey

Mexico City

Minneapolis

Guadalajara

Indianapolis

Philadelphia

Oakland, CA

Salt Lake City

Greenville, SC

Inland Empire

Penn Corridor

Columbus, OH

Kansas City, MI

Greensboro, NC

Central Valley, CA

Orange County, CA

United States

LATAM

Canada

Small

Medium Large

Source: Cushman & Wakefield Project & Development Services

2025 Industrial Construction Cost Guide 21