C&W Industrial Research MarketNote: With New Construction Demand, Where do the Older Buildings Stand?
Across the United States, tenants are demanding quality industrial space t keep up with new technological advances and logistical processes. Floor plates are getting larger and ceiling heights are getting higher, all to meet the new tenant expectations. As new speculative and build-to-suit construction on warehouse/distribution facilities continues to grow, have the older building been cast aside? In some surprising ways, a review of the current industrial inventory tells a far more complex story.