Americas Industrial Construction Cost Guide 2024

SMALL PROJECTS (109,200 RSF): ALL MARKETS

$225

DISTRIBUTION CENTER COSTS $200

$175

$150

$125

$100

Cost PSF

$75

$50

$25

$0

Cleveland Miami

Houston Dallas

Seattle

Detroit

Los Angeles San Diego Denver

Las Vegas Atlanta

Calgary

Penn Corridor Pittsburgh Phoenix

Vancouver Toronto

Salt Lake City Baltimore Chicago

St. Louis

Portland

Montreal

Philadelphia Memphis

Nashville

Louisville

Charlotte

Oakland, CA Cincinnati

Monterrey

Indianapolis Milwaukee

Costa Rica

New Jersey

Mexico City

Minneapolis

Guadalajara

Central Valley, CA Inland Empire Columbus, OH

Greensboro, NC Greenville, SC

Kansas City, MI

Orange County, CA

MEDIUM PROJECTS (476,400 RSF): ALL MARKETS

$125

$100 $100 $125

$75 $25 $50 $75

$50 Cost PSF $0 Cost PSF

Houston Miami

Dallas

Seattle

Detroit

Denver

$25

Atlanta

Calgary

Phoenix

Toronto

Chicago

St. Louis

Portland

Montreal

Memphis

Nashville

Louisville

Charlotte

Baltimore

Cleveland

Cincinnati

Las Vegas

Salt Lake City Los Angeles San Diego

Monterrey

Penn Corridor Minneapolis Pittsburgh

Indianapolis Milwaukee

Costa Rica

Vancouver

New Jersey

Mexico City

Greensboro, NC Greenville, SC Guadalajara

Philadelphia

Oakland, CA

Central Valley, CA Inland Empire

Columbus, OH

Kansas City, MI

$0

Orange County, CA

Montreal Miami

Dallas

Seattle

Detroit

Denver

Cincinnati Atlanta

Calgary

Phoenix

Toronto

Chicago

Houston

St. Louis

Las Vegas Portland

Memphis

Guadalajara Nashville

Louisville

Central Valley, CA Inland Empire Costa Rica Monterrey Charlotte

Baltimore

Cleveland

Oakland, CA San Diego

Pittsburgh

Indianapolis Milwaukee

Los Angeles Vancouver

Columbus, OH New Jersey

Mexico City

Minneapolis

Philadelphia

Salt Lake City

Greensboro, NC Greenville, SC

Penn Corridor

Kansas City, MI

Orange County, CA

Eastern US Midwest US Northeast US Southeast US Southwest US Western US Canada LATAM

Source: Cushman & Wakefield Project & Development Services

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Cushman & Wakefield