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CHICAGO—The average rentable building area for newly delivered warehouse product has increased by 60% nationally over the past 20 years, according to a recent report from Cushman & Wakefield. Partly this size increase is due to the larger inventories warehouses must accommodate for e-commerce flows. But another tech driver is in the mix as well: robots.
C&W believes that clearer differentiations in asset quality are likely to emerge as some technologies—such as robotics—require higher ceilings (32 to 36 feet clear) and very flat floors.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
