Big Box Warehouse Construction
On The Rise
In this current pandemic situation, we are seeing a surge in distribution markets. This is due to many tech solutions that are fueling the market. Almost 100 big-box warehouses, totaling 60 million square feet, were brought to the market in the past 12 months, according to a recent report from Colliers International. This is an indication that Warehouse/Distribution and KBD Group stands ready to help meet these demands. With the new supply and demand numbers, there is an expectation that exporting goods will surpass the demand in 2019, and will continue to rise over the next two years. Some of the newer most talked about facility types in the industry will include cold-storage facilities, in-fill/last-mile facilities, and multi-story warehouses.