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Super competitive : Warehouse demand soars amid shift to online shopping
by Tara Deschamps, The Canadian Press
Posted Apr 23, 2021 11:44 am EDT
Last Updated Apr 23, 2021 at 11:58 am EDT
TORONTO A boom in online shopping during the COVID-19 pandemic is making it tough to find warehouse space in many provinces, industry insiders say.
Industrial space is being gobbled up at a dizzying rate as companies expand their storage and fulfilment centres to cope with the demands of e-commerce.
“We’re seeing multiple offers on any space that’s available, especially anything that’s existing and you can occupy this year,” said Jason Kiselbach, senior vice-president and managing director of CBRE Vancouver.
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TORONTO - A boom in online shopping during the COVID-19 pandemic is making it tough to find warehouse space in many provinces, industry insiders say.
Employees work at the Amazon fulfilment centre in Brampton, Ont. on Monday, November 26, 2018. Commercial real estate and supply chain management businesses say a boom in online shopping during the COVID-19 pandemic is making it tough to find warehouse space. THE CANADIAN PRESS/Chris Young
TORONTO - A boom in online shopping during the COVID-19 pandemic is making it tough to find warehouse space in many provinces, industry insiders say.
Industrial space is being gobbled up at a dizzying rate as companies expand their storage and fulfilment centres to cope with the demands of e-commerce.