This report identifies the logistics trends and specific industries that will drive warehouse and distribution growth and demand for space in the coming decade.
The report defines the logistics sector as the economic activities in both distribution and warehouse establishments. It identifies the characteristics regarding the inventory of warehouses and distribution centers and the square feet by employee that characterize each building type. The report also describes commodity shipments originating within the United States to determine the general trends and type of goods that will drive demand for warehouse and distribution buildings. Finally, the report identifies employment projections to determine the industries that are expected to grow and inform warehouse and distribution demand considerations and provides an assessment of the potential need for new logistics real estate space during the next decade.
Acknowledgements
Authored by
Nicolas Ronderos
Former Director, Community and Economic Development