February 22, 2017
The volume of goods sold online has increased significantly during the current technology boom. This is transforming logistics networks across the country, creating immense demand for warehouse space to satisfy increased consumption. CBRE Research estimates the amount of logistics space needed to accommodate rising e-commerce sales is 1.25 million sq. ft per $1 billion of online sales.
This metric was determined by analyzing e-commerce demand as it relates to warehouse space absorption and the amount of logistics space occupied by e-commerce firms relative to their sales.
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Industrial & Logistics services
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Matthew Walaszek Senior Research Analyst +1 312 297 7686 matthew.walaszek@cbre.com Dave Egan Americas Head of Industrial & Logistics Research +1 312 935 1892 david.egan2@cbre.com |
Adam Mullen Senior Managing Director Industrial & Logistical Services, Americas +1 404 923 1414 adam.mullen@cbre.com |