Industrial Developers Turning to Non-Traditional Location Solutions
Industrial real estate is experiencing record low vacancy across the United States. The primary cause is an e-commerce boom, which has retailers clamoring for e-commerce fulfillment centers. The sector has created a need for an additional 330 million square feet of industrial space by 2025, only 27% of the total expected demand. This number doesn’t account for additional demand driven by factories, data centers, traditional retail distribution centers, and more. Building industrial facilities is costly and time-consuming, so industrial developers must begin working on ... Read More