In a recent article released by the Wall Street Journal, warehouse space was showcased as being at its tightest since 2000. While this should come as no surprise that this issue of space is consistently growing, the rate at which warehouse vacancy is dwindling is far outpacing the increase in new construction. Â In the second quarter of 2018 alone, industrial real estate availability fell to 7.2%. This creates in a unique predicament for those thriving and looking towards expansion, but also provides opportunities for those who can maximize their available footprint.
