Lenders' Insatiable Appetite for Commercial Real Estate
Warehouses Becoming Boon for Commercial Real Estate
Warehouses are becoming a commercial real estate boon, as more retailers beef up their online business. Online retailers such as Amazon are leading the trend, snapping up spaces for smaller distribution centers near major urban areas in an effort to get products closer to where people live, says Sam Chandan of Chandan Economics.
Warehouses are “some of the best performing space that we see in commercial real estate right now, across all property types,” Chandan told CNBC news. The latest PWC Investor Survey pinpointed warehouses as the strongest prospect for investment and development in 2014.
Read the full story at the Realtor Magazine website.