At Current Rate, Available Logistics Space In U.S. Would Dry Up In Record 16 Months: Prologis

Despite Amazon`s planned pullback on new warehouse growth, rampant demand for industrial space, as well as supply chain delays, has reduced the available inventory of warehouses to historic lows, according to a new report from global industrial powerhouse Prologis.

At current rates of supply and demand, logistics tenants could burn through available inventory in 16 months, according to Prologis, a record-low benchmark for inventory...
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RSK: This is one of the major driving reasons behind the darling of CRE right now...warehousing. People will need to find a way to convert office space into this sector.