Real-Estate Firms Expect Coronavirus-Driven Shifts Will Spur Warehouse Demand
13 Apr 2020
Industrial real-estate operators expect the disruption of consumer supply chains caused by the coronavirus pandemic to drive a new surge in warehousing demand.
Warehouse developers now helping some retail and logistics customers secure additional storage space as lockdowns trigger an upheaval in consumer buying patterns believe the rapid adjustments will give way to longer-term changes in how companies manage their supply chains. That will likely include more robust e-commerce operations and more “safety stock” positioned around the country as businesses soften their lean-inventory strategies.