Monday, September 12, 2016

Big-Box Warehouse Sector Breaks Records in Demand, New Construction

Modern big-box distribution centers have experienced a massive comeback, with a record number of facilities now under construction nationwide and developers scrambling to repurpose buildings in major markets to appeal to e-commerce tenants.

E-commerce has continued to prop up big-box warehouse construction (defined as properties larger than 300,000 sq. ft.). Almost 100 big-box facilities, totaling about 60 million sq. ft., were delivered to the market in the past 12 months, according to a recent report from real estate services firm Colliers International.. . . more

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