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OCTOBER 31, 2023

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SPONSORED: TA Realty — Small-bay warehouses key to modern supply chain

by Jennifer Babcock

Increasing demand for ecommerce purchases to be delivered in one or two days has elevated the importance of smaller and more numerous warehouses. Chip-technology tenants have also shown an interest in these spaces, according to a report, “Small-bay warehouses: A critical link in modern supply chains,” by Nicole Dutra Grinnell, partner, portfolio management; Lisa Strope, vice president, research; Anne Banks Boyd, associate, research, which was published in the November issue of Institutional Real Estate Americas.

“The strength of small-bay industrial real estate in the United States is intrinsically tied to the changing supply-chain landscape, driven by the growth in ecommerce and evolving consumer expectations,” note the authors. “With high barriers to entry for new supply and the need for small-bay space expected to grow, this sector presents a compelling opportunity to capitalize on the evolving dynamics of the modern economy.”

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