While many industries have faced substantial challenges due to the pandemic, large growth in e-commerce has created new demand for warehouse real estate nationwide. As a result, developers continue to take on new construction projects to meet this demand as competition grows for existing available space.
Recently, Steve Schnur, COO of Duke Realty, spoke with Modern Materials Handling about this emerging trend. Steve is a specialist in e-commerce and distribution locations and has unique insight into why e-commerce businesses continue to have growing demand for warehouse space. In addition to Steve, Modern Materials Handling spoke with a panel of other industry experts who gave their opinions about what’s driving this trend forward—and what the future holds for the warehousing and logistics-focused real estate market.
Check out the full article to learn more about what Steve and others had to say.