CBRE, Dallas, estimated the U.S. will need an additional 330 million square feet of distribution space by 2025 just to handle projected increases in online ordering.
Tag: eCommerce
MBA Chart of the Week: Retail E-Commerce/Retail Sales
Even before the onset of the pandemic, retail properties were under the microscope. Practitioners spoke about the United States being “over-retailed” compared to other countries, about a shift to experiential retail with a focus on services rather than goods, and about how the rise in e-commerce is a challenge to bricks-and-mortar.
MBA Chart of the Week: Retail E-Commerce/Retail Sales
Even before the onset of the pandemic, retail properties were under the microscope. Practitioners spoke about the United States being “over-retailed” compared to other countries, about a shift to experiential retail with a focus on services rather than goods, and about how the rise in e-commerce is a challenge to bricks-and-mortar.