Editor’s Note: This post was originally published on JLL Real Views.
For warehouses looking for space to grow in many of America’s big cities, the only way to go is up.
Take New York City. The rise of e-commerce and same-day delivery is ramping up demand for industrial space in one of the country’s biggest consumer markets. That demand is colliding with the city’s chronic land shortage — and city restrictions aimed at easing traffic congestion — leading some property developers to plan multi-story warehouses.… Read More