2022-08-04

Further increase in demand for warehouse space

According to The Wall Street Journal, Prologis predicts that an increase in inventory could demand another 500 million square feet (46.6 sq m) of warehouse space.

According to CBRE the industrial real-estate market remains extremely tight with demand for e-commerce along with upheaval in supply chains. Vacancy rate for warehouses across the USA are down to 2.9% (vs 7.7% 10 years ago).

 

Source: The Wall Street Journal

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