Feb 21, 2017
Thanks a million, mega industrial warehouses!
U.S. – The rapid growth of e-commerce has created a big trend in U.S. industrial markets: a proliferation of warehouses spanning 1 million sf or larger. Dallas-Fort Worth has seen the...
U.S. – The rapid growth of e-commerce has created a big trend in U.S. industrial markets: a proliferation of warehouses spanning 1 million sf or larger.
Dallas-Fort Worth has seen the construction of 13 such facilities since 2010, making it one of the top three markets in the country for mega-warehouses.
The massive warehouses and distribution centers have sprouted from Southern California to Philadelphia, clustering around metro areas that provide the mix of road, rail and sea access that e-commerce users covet, according to the new report from CBRE Group Inc.
All told, 117 such facilities were built across the U.S. from 2010 to 2016 for a total of 141.2 million sf, which shows an increase from the 99 facilities built between 2003 and 2009.
The markets in which the most big-box construction occurred in the 2010–2016 timeframe are led by Philadelphia, California’s Inland Empire and Dallas-Fort Worth.
See the full report CBRE report.
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