E-Commerce’s impact on our Regional Industrial RE market
As brick-and-mortar retail slows and e-commerce grows, the Central Pennsylvania real estate market is experiencing increased opportunities for expansion and investment for suitable spaces in the industrial marketplace. Since the concept and inception of e-commerce, we have witnessed emerging trends in the e-commerce industry that are driving demand for big-box distribution facilities in high-access geographies. Central Pennsylvania benefits from several convenient main travel arteries, and has become a prime investment region for investors and companies seeking distribution solutions that reach a broad employee base, and support transportation resources for larger distribution facilities. Kevin Hodge, a ROCK Industrial Brokerage Advisor, explains the effects of e-commerce on the regional real estate market, and how it impacts demand for industrial real estate.