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Demand for Warehouse Space is Surging as Historic Online Spending Exposes a Major Weakness

from Business Insider

Demand for Warehouse Space is Surging as Historic Online Spending Exposes a Major Weakness Business Insider Warehouses are suddenly among some of the hottest real-estate assets in the U.S. The pandemic is driving up demand for these spaces, which are generally large, no-frills industrial buildings used for commercial purposes like inventory storage, data centers, and logistics hubs. "Demand for good, old-fashioned warehousing has jumped exponentially," Tom Stringer, head of site selection for the business consulting firm BDO, said in an interview with Business Insider. READ MORE

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