E-commerce boom keeps rents high in undersupplied warehouse market: CBRE
James Breeze, CBRE's senior director of research and the head of industrial and logistics, global, said during a press conference Monday that 3PLs could take over as having the largest market share of industrial real estate this year, as more companies look to outsource e-commerce functions to these companies. 3PL’s will start to leasing larger facilities because they're being hired by companies at a greater clip to handle e-commerce distribution and hold and distribute those increased inventories.
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