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How warehouses are taking over the U.S.


All Cyber ​​Monday purchases will soon receive a gift box from warehouse staff.
The summer vacation in online stores comes at a time when there is not enough storage space in the United States as priceless stores are steadily declining. Almost 96% of existing commercial real estate has been occupied, according to JLL.

JLL estimates that the United States will need to add 1 billion square feet of new commercial space by 2025 to meet demand. Chris Caton, director of global strategy and analysis at Prologis, told CNBC that "the business will be sold by next year." Rents are at an all time high and pre-rents have risen, as have libraries even before construction is complete.

Mehtab Randhawa, CEO of JLL for the US research company, told CNBC: “Sometimes rents are nearly three times the annual production. Read more...