
How Major Changes in E-commerce and Logistics is Defining the Industrial Investment & Development World
Warehouse vacancy rates are reaching all time lows in the Bay Area – dropping from 5% to 4.3% in the last quarter alone! While industrial real estate vacancy is lower than ever, Oakland rent rates continue to climb to new heights.
What is going on?
E-commerce is bigger than ever, logistics companies are buying fulfillment centers, and cold storage is becoming the trending, new topic in industrial.
From books and furniture to clothes and groceries, Bay Area residents are ordering everything online to be shipped straight to their homes. Ports are overflowing with products, with next to no place to store them, which makes space a hot commodity.
With distribution centers filled to the brim, how will industrial real estate continue to adapt?
Join us in San Francisco this December to hear from the movers and shakers of the industry!