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Industrial Construction Hits Record. It's Not Enough.

Demand for Space Justifies Even More Building of Warehouses and Distribution Centers
Construction progresses on a 3.8 million-square-foot bulk logistics building for Amazon in Suffolk, Virginia. (CoStar)
Construction progresses on a 3.8 million-square-foot bulk logistics building for Amazon in Suffolk, Virginia. (CoStar)
By Andrew Zola
CoStar Advisory Services
November 18, 2021 | 4:55 P.M.

As we continue to take steps toward a national recovery, many of the logistics trends accelerated by the pandemic are holding strong, making additional development of bulk logistics buildings an appealing proposition for investors, even with the record level of 540 million square feet already in the pipeline.

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News | Industrial Construction Hits Record. It's Not Enough.