Construction Reporter
  • Home
  • Services
    • Planroom
    • Printing
    • Project Upload
    • Architects & Owners
    • General Contractors
    • Subcontractors
  • Free Trial
  • Become a Member
  • Magazine
  • News
  • Contact Us
  • About
    • About
    • FAQs
    • Privacy Policy

smaller warehouse construction expected to see growth

10/16/2019

0 Comments

 
Picture
Even though the era of large warehouses measuring more than 200,000 square feet continues unabated, some analysts say the need for smaller warehouse space is growing, largely because of the demands of e-commerce.

Looking at what it calls the “push for faster delivery” of e-commerce goods, the Wall Street Journal is reporting that e-commerce companies are looking at smaller warehouse options, particularly near large urban population centers.

Continues the paper: “More recently, businesses have been adding smaller fulfillment and distribution locations that put inventory closer to customers, who often expect items to be delivered in two days or less.”

This means that such companies will increasingly be relying upon warehouses measuring 120,000 square feet or less.

Not surprisingly, rents for smaller warehouse space in the last year have seen a 33 percent increase.

At the same time, according to the CBRE Group, the availability of existing smaller warehouse facilities nationally has declined from 11 percent of the warehouse market in 2014 to around 7 percent today.

But in an earlier report, the CBRE Group, which is based in Los Angeles and specializes in real estate services and investments, noted that much of the existing warehouse space is not up to current standards, with uneven floors, low ceilings, and inadequate docking.

By Garry Boulard

0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    Get stories like these right to your inbox.
    ​Sign up for our newsletter

    Subscribe

    Archives

    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017

    Categories

    All

AFFILIATES

Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
HOME
PLANS & PRICING
FREE TRIAL
MAGAZINE​
BECOME A MEMBER
PRINTING SERVICES
FAQS
CONTACT
​ABOUT

TIMELY, RELIABLE NEWS SINCE 1949 ​Construction Reporter
​
4901 Mcleod Rd NE STE 200A
Albuquerque NM 87109


​Phone: (505)-243-9793
Toll Free: (877)-292-5793
​Fax: (505)-242-4758

Copyright © 2022 Construction Reporter
User Agreement   Privacy Policy   Archive Policy
  • Home
  • Services
    • Planroom
    • Printing
    • Project Upload
    • Architects & Owners
    • General Contractors
    • Subcontractors
  • Free Trial
  • Become a Member
  • Magazine
  • News
  • Contact Us
  • About
    • About
    • FAQs
    • Privacy Policy