Consumers have become accustomed to receiving their items within a few days as a result of companies like Amazon and Walmart. So how do other businesses keep up? They purchase smaller warehouses to break up the distribution and shorten the shipping time and costs. In the current market, businesses are purchasing smaller multi-tenant warehouses, rather than additional larger industrial buildings.
The Chicago industrial real estate market is shows no signs of slowing down, and attracting investors from other sectors. In this article from Crain's Chicago, the ongoing e-commerce boom plays a large role in the recent success of the industrial real estate market. The article takes a look at financial statistics to support the reasoning behind the industrial sectors' success, while the other sectors sink to an under performing status. Read the full article at ChicagoBusiness.com