Warehouse demand grows rapidly as online commerce explodes

The ongoing COVID-19 pandemic has led to massive demand for warehouse space as e-commerce firms ramp up their operations in a bid to deliver their products to consumers faster. That’s according to the latest Industrial Tenant Demand Study from commercial real estate services firm Jones Lang LaSalle IP, Inc., which forecast that demand for logistics

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Demand for warehouse space grows due to COVID-19

Commercial real estate firm JLL predicts that demand for industrial real estate space could grow by an addition 1 billion square feet by 2025. The demand is likely to be driven by a need for more fulfillment centers due to the growth in e-c0ommerce – an industry that has boomed since the onset of the

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COVID-19 pandemic causes surge in demand for warehouse space

Demand for warehouse space is surging during the COVID-19 pandemic, as retailers are seeing an increasing need for more storage after having been forced to close their stores. The increased demand for storage space is believed to be a direct result of consumers changing buying habits. And while some see the change as only being

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Memphis Warehouse Space in Solid Demand

Memphis is known as the distribution center of America. It’s the center of FedEx’s operations. It’s home to five class one railroad operations. It’s a trucking hub as well as being the nation’s fourth largest inland port with access to the Mississippi River and more than 12,000 miles of navigable inland waterways. As such,warehouse space is constantly in demand in this distribution center that can reach any of North America’s population within 24 hours almost anywhere in the world within 48 hours.

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