Prologis Warns of Warehouse Shortage As Demand Soars
Prologis CEO warns that soaring warehouse demand and community opposition could lead to a market 'sell-out'. E-commerce and supply chain reshaping are driving demand, while location concerns are exacerbating supply constraints. This combination of factors is creating a challenging environment for logistics real estate, with developers struggling to find suitable sites and facing increased pressure from local communities. The long-term implications of this trend could include higher rents and reduced availability of warehouse space.
