a new report showses that deman for warehousspace is now outstripping supphe. that meansalue of warehouses is climbing. >> it is arguably the least sexy sector of real estate. but warehouse is hotter than ever. demand for space for all the stuff we order has ren rising globally, now up 3.2% annually commercial cbre a real estate firm. that is up from2.2% a year ago. gr th in e commerce has bee the big warehouse story, there's now even newer demand. >> we have somethi w that call global -- like micro breweries, people are forming small businesses into some of these industrial senders. >> levy has been in commercial real estate for 22 years, he's surprised at not just the demand but that the average lease is getting longer. >> why is that. >> that's because the demand is so high. landlords have the ability toig driver rents and longer term contracts to stay in there, which mak these buildings more valuable from a demand standpoint and capital standpoint as ll. >> there's less supply, but three of the top 10 rent gaynery globre in the u.s. pricing markets there la