Holiday Shopping Frenzy Forces Retailers to Battle for Warehouses in 2015
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Following the biggest Cyber Monday ever, retailers and e-commerce companies are engaged in a heated battle for the biggest distribution center facilities in locations close to large populations. As retailers bow to the demand for instant delivery gratification, JLL market data shows rising rents and a growing number… Read More
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Categories: Americas Retail, Logistics / E-Commerce and tagged Distribution, ecommerce, holiday, JLL, Jones Lang, retail, Retailer, warehouse.
JLL’s inaugural Big Box Velocity Index says, that demand for U.S. industrial distribution centers larger than 300,000 square feet is high and rising. Improving economic conditions, the continuing growth of e-commerce and a deep bench of tenants seeking space has created a highly competitive fight for industrial and warehousing space. As a result, there are…