As reported in an article by Ari Levy of CNBC.com dated July 10, 2021, because of the growth in e-commerce, vacancy rates for industrial properties are near an all-time low, while utilization is up and prices are at record levels; fulfillment center space is the hottest it’s ever been, while at the same time companies are consolidating offices in favor of hybrid and remote work, and…read more
Soaring Warehouse Demand Boosts Commercial Real Estate Market as Office Vacancies Mount