Peter Curry Quoted in GlobeSt: Is Amazon Setting a Trend Toward Multi-Story Industrial?
August 29, 2023
With Amazon occupying 92% of Class A warehouse distribution properties with 3+ floors, are they setting a trend toward multi-story industrial? Peter L. Curry shares his insight in a recent GlobeSt.com article discussing a possible trend.
“However, older suburbs have high land costs almost equivalent to nearby cities,” he said.
“The problem is that they also have zoning codes limiting the height of commercial buildings and are concerned about exacerbating existing traffic issues. There will be little appetite for any multi-story logistics buildings in these areas, particularly in the Northeast.”
Read the article here:
Is Amazon Setting a Trend Toward Multi-Story Industrial? | GlobeSt