E-Commerce Boom Drives Warehouse and Logistics Gold Rush
Amazon defined e-commerce; Covid-19 accelerated the trend’s growth. That’s spurring a warehousing and logistics “gold rush”, says PLG Consulting.
Even amid a frenzy of development “we’re still on the front end of that runway.”
PLG estimates there’s another 5x of current warehousing demand to play out over the next six to seven years. The interest is so hot, some developers are even building properties on spec.
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