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Warehouses Are Running Out of Space. Developers Can’t Build Fast Enough.

US Projected To Need More Than 1 Billion Square Feet of Industrial Buildings To Keep Up With Demand

*As of Third Quarter
*As of Third Quarter

Logistics real estate developers have stepped on the gas this year, ramping up construction to record levels as the accelerated growth of e-commerce during the pandemic has fueled a frenzy of warehouse demand among investors and tenants. They may need a bigger engine to stay ahead of the growth curve.

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