One-day and same-day deliveries are causing companies to need warehouse space closer to the dense urban areas they are serving. However, this land is scarce, expensive and involves a long development process.

Key findings

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“More than 2,000 new establishments classified as either warehouse or storage have been added to the U.S. market since 2008.”

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“Retail sales made online in the third quarter of 2018 totaled more than $130 billion, representing an increase of 14.5% from the same quarter in 2017.”

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“Forrester Research expects the annual total for online retail sales to surpass $712 billion by 2022.”

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