US developers are building space at a rapid pace - but it's not enough to keep pace with ecommerce-driven demand.
In fact, a recent report by real estate firm JLL predicts a coming "supply crisis" for quality waehouse properties.
The report included the graphic below, showing the hot markets for warehouse construction.

The Dallas-Ft. Worth area leads the way, with 26 million square feet under contruction, followed by Chicago, at 21 million square feet.
What is more telling are the pre-opening leased numbers - 81% in the Inland Empire near Los Angeles, for example, and 75% in Easter Pennsylvania. It's a seller's market for sure.
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JD
Product manager, Trane |
Posted on: Aug, 13 2022 |
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Can I have a copy of this chart? I can be reached at 704 572 7113. |
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