Record-breaking demand for warehouse and DC development
By Karen E. Thuermer
Logistics Management
February 8, 2021
Robert Van Geons, president and CEO Of Fayetteville Economic Development Corp., who promotes activity in his region of North Carolina, observes how onshoring of manufacturing, increased e-commerce and drastically altered consumer demand cycles have significantly increased the demand for warehouses and DC space.
“While new product is under construction, it’s nearly impossible to find a large [250,000 square feet+] quality building available between Washington, D.C. and Savanah,” Van Geons reports. “If it has good ceiling height and is close to a major interstate, it is off the market.”