Rapidly evolving consumer demands have made it a priority for e-commerce retailers to provide same-day delivery service. While this service has launched in select cities—mainly the nation’s largest metropolitan areas by population—it is likely to take hold in most markets across the country over the next several years.
To accommodate these short delivery promises, distribution and fulfilment supply chains, which have traditionally been designed for two- to three-day coverage of the country and multiple daily delivery times, are transforming rapidly.
We’re seeing this shift especially in the demand for light-industrial properties. Initially out of favor in the early part of the current real estate cycle, light-industrial properties have seen a rapid decline in availability and rise in asking rents relative to the overall market.
Download the report to learn more about how supply chains are rapidly evolving to make same-day delivery available across nearly every market in the U.S.