Wall Street Journal: Green Energy Is Helping Drive U.S. Industrial Real-Estate Growth
17 May 2023
News
Renewable-energy companies are taking up a growing share of U.S. industrial real estate as manufacturers of solar panels, electric vehicles and EV batteries build out their supply chains, providing a boost to warehouse operators amid sagging demand for e-commerce business.
Companies that make and distribute electric vehicles and EV parts such as lithium batteries more than doubled their leasing in the first quarter of the year compared with the same period last year, according to data from real-estate services firm CBRE.
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