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October 26th, 2020

DATA Point:
The U.S. may need another
1 billion square feet of warehouse space in order to satisfy the demand of the pending ecommerce boom.

JLL’s report found that, prior to COVID-19, 35% of industry leasing activity was due to ecommerce. Now that number is up to 50% and it is predicted that total online sales could reach $1.5 trillion by 2025. The rising demand and acquisition of physical warehouse and manufacturing space increases the need to secure those spaces, especially during a global pandemic.

Read Brivo’s recent blog post for more information on the role access control will play in warehouse expansion.

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