Americas Industrial Construction Cost Guide 2024

PRICING CRITERIA The industrial build-to-suit project data is based on modern-day distribution centers for three different sizes (109,200 rsf, 476,400 rsf and 901,000 rsf). Office and other ancillary spaces customary in a distribution facility are included. The intended construction of the building is either precast insulated panels or tilt-up concrete panels with steel frame. The roof is a Thermoplastic Polyolefin (TPO) roof pitched to overflow scuppers for drainage. The floors are 8-inch slabs with reinforced 4,000 PSI concrete. Each building size has appropriate quantities of dock doors, levelers, drive-in ramps and overhead doors. The office area is constructed with basic finishes, excluding FF&E and low voltage cabling, security or audio/visual equipment and systems. The office area is fully conditioned space, while the warehouse, which includes LED high-bay lighting, remains unconditioned. Allowances for site concrete, paving, landscaping, storm retention and site utilities are included. The pricing does not include soft costs, racking, conveying systems or purchase of land.

Given the fluidity of the construction market, a 10% contingency allowance has been included in the cost.

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Cushman & Wakefield