eCommerce growth = warehouse growthDanSmo
“For every $1 billion in e-commerce sales, 1.25 million square feet of warehouse space is needed,” this metric from Cresset appeared in a Bisnow post.
Forbes reported $870 billion in US eCommerce sales in 2021, grew 14% from 2020 (50% from 2019).
Starting to understand the demand for warehouse space?
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