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Big shed development boom underway

Chronic undersupply in the logistics market sparked a 16m sq ft "Big Shed" development boom in the first half of 2015, including 7.6m sq ft of speculative development – the highest total since since 2007, according to BNP Paribas Real Estate.
CoStar News
July 17, 2015 | 4:01 AM

The Big Shed report revealed that design and build (D&B) deals on units over 100,000 sq ft accounted for 8.4m sq ft of transactions in H1 2015. The publication also revealed that work had begun on 7.6m sq ft of speculative development since the start of the year - a post-financial crash high.

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