Prices for warehouse space has surged, but commercial real estate executives warn they won't keep going up.WASHINGTON - The rise of e-commerce and the logistical nightmare created by the COVID-19 pandemic have caused a surge in demand for warehouse space in the United States, and big investment funds have taken note.
Demand is so strong that purchase prices have tripled or quadrupled in just six years in northern New Jersey. In addition, unlike traditional storage sites, fulfilling online orders requires technologically advanced warehouses, said Mark Manduca, chief investment officer at GXO, a supply chain management company.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Putin urges Russian business to boost domestic investment amid sanctionsThe Russian president called on business to help realise the country’s ‘gigantic potential’, defying Western attempts to destroy the country’s economy
La source: BDliveSA - 🏆 12. / 63 Lire la suite »
UK ditches cookie pop-ups to boost business and researchThe UK’s planned Data Reform Bill promises to clampdown on bureaucracy, red tape and pointless paperwork
La source: BDliveSA - 🏆 12. / 63 Lire la suite »
UK ditches cookie pop-ups to boost business and researchThe UK’s planned Data Reform Bill promises to clampdown on bureaucracy, red tape and pointless paperwork
La source: BDliveSA - 🏆 12. / 63 Lire la suite »
Putin urges Russian business to boost domestic investment amid sanctionsThe Russian president called on business to help realise the country’s ‘gigantic potential’, defying Western attempts to destroy the country’s economy
La source: BDliveSA - 🏆 12. / 63 Lire la suite »