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It’s a mad scramble to find warehouse space anywhere in the world right now. Demand is outstripping supply, vacancies are at a record low, and, owing to the ongoing e-commerce boom, there’s no end to the crunch in sight. Add in spiking construction costs and land prices, and it’s a perfect storm for the highest demand and fastest rent growth in logistics real estate history, according to the recent “Logistics Rent Index” from real estate investment trust company Prologis. Here are a few highlights from the February 2022 report:
It’s a mad scramble to find warehouse space anywhere in the world right now. Demand is outstripping supply, vacancies are at a record low, and, owing to the ongoing e-commerce boom, there’s no end to the crunch in sight. Add in spiking construction costs and land prices, and it’s a perfect storm for the highest demand and fastest rent growth in logistics real estate history, according to the recent “Logistics Rent Index” from real estate investment trust company Prologis. Here are a few highlights from the February 2022 report:
Strong demand for warehousing and transportation continues, but inflation and rising fuel costs may cause market shift in the coming months, researchers say.
Strong demand for warehousing and transportation continues, but inflation and rising fuel costs may cause market shift in the coming months, researchers say.
How will rising fuel prices affect supply chains? Is there any end in sight? Plus: Mitigating risk in food and beverage; Congress next sets eyes on maritime reform.
How will rising fuel prices affect supply chains? Is there any end in sight? Plus: Mitigating risk in food and beverage; Congress next sets eyes on maritime reform.
While other retailers shuttered brick-and-mortar stores in response to the growing e-commerce threat, Target took the opposite tack, building out a distribution network that places its stores front and center. That strategy paid off big time when the pandemic hit.
While other retailers shuttered brick-and-mortar stores in response to the growing e-commerce threat, Target took the opposite tack, building out a distribution network that places its stores front and center. That strategy paid off big time when the pandemic hit.