 A recent study from SupplyChainNetworks SCN on the key geographic areas targeted for massive growth for 3PL distribution for 2020 include the areas of: New York, New Jersey, Vancouver British Columbia, Ohio, California, Washington, Montreal Quebec, Toronto Ontario, Florida, and Illinois. SCN has identified these geographical cities, states, and provinces to be markets that continue to emerge faster than others.
As consumer demands grows for online purchasing 3PL warehousing is becoming more important. Especially 3PL distribution near key metropolitan areas as vendors have a need to distribute close to residential communities. The acceleration of demand to these specific areas has attracted the attention of Real Estate Industrial Funds. In 2020 the forecast of capital allocated towards investing in industrial real estate in these areas is estimated to be up to 10% of the industrial capital deployed to all of North America.
5 Comments
Steven
4/5/2020 09:30:48 am
Other than the list below for North America, is there also a list for Asia Pacific?
Elsa
4/5/2020 09:34:13 am
What about Nevada?
Steven
4/5/2020 09:34:50 am
Was looking to hear if they did any other reports as we are looking for industrial real estate opportunities.
Elsa
4/5/2020 09:36:36 am
Nevada is having lots of warehousing companies open up, just look at Zappos. They were looking to handle it themselves here but instead they went with a warehousing company. Leave a Reply. |
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