Wednesday, 19 September 2018

Developers are scrambling to meet growing demand for warehouse space

With manufacturing on the decline, developers are increasingly turning old industrial buildings into distribution centers. According to a report by Newmark Knight Frank, e-commerce is driving demand for industrial properties that can be repositioned into or demolished to make way for distribution centers. Many of these warehouses are located in northern and central New Jersey, where sites offer quick access to highways, rails and ports. In Piscataway, the Rockefeller Group is turning a 228-acre site […]



source https://therealdeal.com/2018/09/19/developers-are-scrambling-to-meet-growing-demand-for-warehouse-space/

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