Updated about 5 years ago on . Most recent reply
The surge isn commercial warehouse space demand
Curious to find out if anyone has in depth experience in the commercial warehouse market. Lots of recent articles and real estate analysts have pointed to the growing demand over the next several years in this area. Seems to make logical sense. Anyone have a good case study or story?
Most Popular Reply
I own several "flex space" buildings where there is a small office area with the rest being warehouse. It is in very high demand and lease rates keep going up. Companies are having to build their warehouses because the supply is so low. Further raising the prices. I am in Syracuse NY, Amazon just broke ground on a 3 Million SQFT warehouse here which will bring even more distributors to the area. As retail giants move to online sales they still need warehouses for inventory. I basically use the BRRRR strategy but with warehouses. It is a very interesting market.