E-commerce and Online Retailing Drive the Demand for Warehouse Space

Written by Economic Development Jobs on August 15, 2016. Posted in Determining warehouse space needs, Warehouse for rent in orlando, Warehouse in tampa fl

Finding a warehouse to rent

Warehouses have long been symbols of modern industrial and commercial activity. As this moves into a new phase with e-commerce and online retailers, warehouses remain essential to commercial activity. Retailers now have the option of renting a warehouse instead of building their own. Commercial real estate development firms take the responsibility of construction and maintenance, leasing commercial property for offices spaces, retail and warehousing and distribution.

Rising demand for warehouse space
At the present time, the storage and warehouse leasing industry in the U.S. is estimated to be worth $26 billion, and growing. In 2014, commercial real estate development absorbed an additional 70.2 million square feet of office space. This was the biggest expansion