Warehouse availability stabilizes in tight US logistics market
from The Wall Street Journal via SupplyChainBrain
The U.S. warehouse market is coming closer into balance after a long stretch when strong demand, driven by economic expansion and a push to build up e-commerce distribution networks, far outpaced available storage space. The availability rate for U.S. industrial real estate, which has been plunging for years, dipped less than a hundredth of a percentage point in the first quarter, leaving it essentially at 7 percent.
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