Warehouse Demand Grows Rapidly As Online Commerce Explodes
Demand for warehouse space is being driven by a shift in consumer behavior from buying in stores to online that is resulting in some extremely hot markets. CLICK ON THE HEADLINE FOR MORE
Demand for warehouse space is being driven by a shift in consumer behavior from buying in stores to online that is resulting in some extremely hot markets. CLICK ON THE HEADLINE FOR MORE
Outsized demand relative to new supply is prompting significant competition for new space, with customers placing a premium on quickly securing prime logistics space. CLICK ON THE HEADLINE FOR MORE
Until the first quarter of 2021, industrial supply had steadily outpaced overall demand for two years, but Q1 saw that flip, with demand surpassing the supply. CLICK ON THE HEADLINE FOR MORE
A market with high demand for warehouses but not enough industrial-zoned land for new development. Industrial experts must turn to creative problem solving, as a reluctance to visit brick-and-mortar stores has led to a boom in online shopping. CLICK ON THE HEADLINE FOR MORE
In the second quarter 2020, South Florida’s industrial market saw a 51 percent uptick in net absorption, representing the amount of space leased rather than vacated, according to a recently released report. CLICK ON THE HEADLINE FOR MORE
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