Could warehouses become the next big thing in commercial real estate? It’s too early to say now, but such properties are becoming increasingly sought after, as more retailers eye up the lucrative world of online shopping.
Unsurprisingly, it’s the major retailers like Amazon that are leading this charge, reports CNBC News. Amazon, along with other online retailers, has kept busy of late buying up dozens of small distribution centers around the country. It’s motivation for doing so is that it can keep its products closer to people’s homes, and have them delivered far sooner, something that should boost the company’s business even more.