CBRE ResearchCompany DetailsContacthttps://www.cbre.comArticles & NewsWarehousing3PL Providers Lead in Big-Box Warehouse Leasing ActivityRetailers and wholesalers -- the previous leader in big-box leasing activity -- fell to second place, taking 35.8% of the leasing share. Food and beverage occupiers were a distant third, accounting for 8.7% of leasing activity.WarehousingRecord Set in 2022 for Most Industrial LeasesIn 2022, a record was set for 1 million square feet industrial leases. Over 63 leases were signed in 2022 and the average size of the place leased went up from 2021.Micro-FulfillmentHow Evolving Global Seaport Regions Impact Industrial Real EstateThe CBRE Supply Chain Advisory group estimates that transportation accounts for 45-70% of total logistics costs. Locating distribution facilities near seaports can help to lower transportation costs.Micro-FulfillmentAverage Size of Warehouse Leases Edge Close to Seven DigitsThe activity points to expansion in the industry, particularly for traditional retailers and wholesalers.HomeGrowth in Online Grocery Drives Demand in Cold StorageCBRE estimates the U.S. cold storage footprint to be approximately 225 million square feet, with a vacancy rate that mirrors the overall industrial sector at a historically tight 3.1%.HomeRock Stars of the Supply Chain: Disruptions Shed Tremendous Light on the Cold ChainDavid Sours, SVP at CBRE, explains how there's been a groundswell of interest in the cold food chain and details how companies are making adjustments as a result.Products & Press ReleasesSoftware & TechnologyHybrid Locations Will Transform Retail: CBRE ReportNew brick-and-mortar store format combines in-store technology and consumer experience with ecommerce fulfillment, direct-from-store shipping.WarehousingOnline Returns To Hit Record $70.5B This Holiday Season, Increasing Demand in an Already Tight Industrial Real Estate MarketRecord e-commerce sales will drive more returns of goods bought online this holiday season than ever, stressing supply chains and increasing demand in the already tight industrial real estate sector.Risk/Compliance2020 Holiday Shopping to Put Safety First with Early Start to SeasonOverall holiday retail sales are expected to grow less than 2% year-over year, a slower rate than previous years.WarehousingOnline Retail Accelerates Retail-to-Industrial Conversion ProjectsAcross the U.S., 15.5 MSF of new industrial space has been converted from retail space since 2017.WarehousingNew National Supply Chain Distribution Models in U.S. Expected As Companies Adopt ‘China Plus One’ StrategyU.S. supply chains will shift away from an overreliance on China to include more expanding Asian and European markets, in response to both recent trade wars and COVID-19.HomeStudy: Supply Chain Restructuring Post-COVID-19 May Lead to More Demand for Industrial SpaceAccording to CBRE Research, a 5% increase in business inventories would translate into between 400-500 million square feet of additional warehouse space demand.
