Over the past year, prime warehouse rents are up 9.9 percent across the U.S. and up by double-digit amounts in some large urban areas, according to a recent report.
E-commerce alone is responsible for 20 percent of the current demand,
according to Eric Frankel, an analyst at Green Street Advisors, helping
to drive the spike in construction despite retail sales growth that has
been slower than in previous economic expansions. . . . more