Americas Industrial Construction Cost Guide 2024

INDUSTRIAL CONSTRUCTION COST GUIDE 2024

SEGMENT COST % COMPOSITION BY MARKET LARGE PROJECTS (901,000 RSF): U.S.

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Denver Portland Las Vegas Oakland, CA Phoenix Salt Lake City Los Angeles San Diego Orange County, CA Seattle Central Valley, CA Inland Empire Houston

Miami Dallas

Cleveland Charlotte Cincinnati New Jersey Detroit Columbus, OH Nashville Atlanta Philadelphia Greensboro, NC Greenville, SC Penn Corridor Minneapolis Pittsburgh Kansas City, MI St. Louis Indianapolis

Milwaukee Baltimore Louisville Chicago Memphis

Site Work

Base Bldg Structural & Enclosure

Base Bldg Architectural

Base Bldg MEP

GC'S and GR'S & Fee

Contingency

Portland

Source: Cushman & Wakefield Project & Development Services

25