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CHICAGO-The next five years will prove to be a costly ride for tenants of industrial space—to the tune of a 1.9% increase—as demand continues to outpace supply in nearly all markets across the country. That’s the upshot of newly released research from DTZ.

The firm projects that Miami, Chicago and Houston will see the biggest cost jumps, each set for 2.2% gains. The research attributes Miami’s expected increases over the coming half-decade in large part to its proximity to the Panama Canal.

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