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Retailers Lease Warehouse Space

Retailers are leasing warehouse space at a record-setting clip, as e-commerce drives companies to locate closer to population centers and keep more products on hand to meet customers’ speedy delivery expectations.

Firms leased 70.1 million square feet of industrial space in the second quarter of 2016, the most in over 30 years of data and up 6% from the same quarter last year, real-estate brokerage Cushman & Wakefield Inc. said in a report Monday. In a separate report, brokerage CBRE Inc. said warehouse availability declined for a 25th consecutive quarter to 8.8%.

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  • real-estate February 20, 2019 at 10:40 am

    It was such a wonderful business insights on real estate where everyone could get understood the concepts behind. Thanks for such an article along with cash flow and tax credits

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