Few empty offices likely to transition to logistics centers, Prologis says

New logistics space to be limited for some time.

Expanding e-commerce demand and the incremental inventory and space it takes to run a successful e-fulfillment platform has pushed logistics real estate availability to new lows. But don’t expect an abundance of vacant office spaces to bridge the gap, according to a Monday report from logistics real estate investment trust Prologis.

The company’s research division concluded in a report that differences in building requirements and tough zoning regulations would lead to minimal conversions of...

https://www.freightwaves.com/news/few-empty-offices-likely-to-transition-to-logistics-centers-prologis-says

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