Big-box industrial facilities face challenges and changes during the fluid COVID-19 situation, though the sector should remain stable in 2020, according to a new report.
"While there are some major factors affecting the broader U.S. economy, the need for stronger omnichannel strategies should keep industrial real estate demand active in the coming year," Colliers International says in its North America Big-Box Market Report 2019 Year-End Review and Outlook.
Accelerated growth by e-commerce and third-party logistics companies, among others, helped 2019 maintain its stability.
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Thomas Phillips
Thomas Phillips is part of the social media team at ALM Media.
