Multi-Story Warehouses Gain Ground in U.S.

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Researched by Industrial Info Resources (Sugar Land, Texas)--As the growth in e-commerce continues unabated, warehousing space is at a premium, and customers are demanding even faster delivery times.

But as more buildings are being constructed, available land is becoming more scarce, especially in dense urban areas. Prologis Incorporated (NYSE:PLD) (San Francisco, California), a real estate development firm, sees a possible solution: the multi-story warehouse.

Already popular in the densely populated areas in Asia, these projects are now gaining traction in the U.S. Even though these structures come with higher development costs, stricter fire code restrictions and extra space in the building that cannot be leased. The larger players such as Amazon.com Incorporated (NASDAQ:AMZN) (Seattle, Washington) will be able handle these conditions, especially when no other reasonable alternatives can be found. Industrial Info is tracking $6 billion in related projects for Amazon in the U.S. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for related reports. With the increasing demands for warehousing space, other players can be expected to start similar projects.

Industrial Info Resources (IIR) is the world's leading provider of market intelligence across the upstream, midstream and downstream energy markets and all other major industrial markets. IIR's Global Market Intelligence Platform (GMI) supports our end-users across their core businesses, and helps them connect trends across multiple markets with access to real, qualified and validated project opportunities. Follow IIR on: LinkedIn.