Construction Trend Tuesday

The warehouse boom

Investment in new warehouse space surged over the past few years, but it was already rising pretty rapidly prior to the pandemic.

The obvious explanation for this trend is that e-commerce, which requires a lot of distribution space, is gobbling up market share from brick and mortar retailers.

It’s also worth noting that warehouses have become more expensive to build on a per square foot basis with the increased demand for cold storage and more automated facilities.

What’s Next

We’ll send out our every-Friday Week in Review post on—you guessed it—Friday. Week in Review covers all the economic news and data in a breezy, five minute read. That’s only for paying subscribers. If that’s not you and you want it to be, just click the button below.