Warehouse Demand Continues to Soar
Demand for warehouse space is hitting record highs, and that doesn’t appear to be abating anytime soon, according to the 9th annual Industrial Tenant Demand Study from JLL Industrial.
In the study that tracks 1,800 individual future tenant requirements needing over 600 million square feet of space, JLL found that future demand volume is up 22% year-over-year in 2021. Logistics and parcel delivery is driving that growth.
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