The booming business of retailers that sell household essentials has proved a boon for owners of distribution and warehouse space.
While overall industrial leasing volume has been moderating for nine months, leasing to retailers that sell daily necessities like budget food and sundries remains healthy, according to CoStar Group's monthly CRE update for June.
Sam's Club has been one of the most active lessees, renting more overall square feet of distribution space so far in 2023 than it did during the whole of 2021 or 2022.
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