JLL report: 2021 to be a big year for the Midwest industrial sector
6 Jan 2021
Expect this year to be a strong one for the industrial sector in the Midwest, with the region needing an additional 275 million square feet of modern bulk warehouse product by 2025 to meet the demand from ecommerce sales.
That’s the good news from JLL‘s recently published 2021 Midwest Industrial Outlook report.
The big takeaway from the report? Ecommerce will continue to fuel the industrial market, and the Midwest’s location in the center of the country makes it an ideal location for new warehouse space for companies that need to ship their product across the country quickly.
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