E-commerce real estate to grow 1B square feet over the next five years

rejournals | August 03, 2020

While the COVID-19 situation has placed potholes and hairpin turns in front of some sectors like retail and hospitality, there’s nothing ahead but freshly laid asphalt for industrial real estate particularly e-commerce-related properties. New projections suggest that this segment will grow by 1 billion square feet over the next five years. JLL’s second quarter industrial outlook identified a number of trends, noting a sub-6-percent vacancy across the country with leasing velocity overwhelmingly propelled by e-commerce activity. As shelter-in-place policies constrained brick and mortar retail, more and more consumers turned to online shopping to acquire essential items.

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Real Estate Technology, Mortgage and Lending

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PRnewswire | July 26, 2023

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PRnewswire | August 16, 2023

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Real Estate Technology, Home and Design

Alarm.com Partners With New Home Co. to Launch Updated Smart Home Program

Businesswire | July 04, 2023

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