The most recent edition of the Industrial Business Indicator (IBI), which was issued by San Francisco-based real estate investment trust company Prologis points to the need for more warehouse, due to various factors, including rising consumer confidence, retailers restocking inventories, and higher sales numbers. The IBI was featured in the firm’s report, entitled “Customer Activity Surges on Strong Retail Sales and Inventory Restocking.”
Source: logistics Mgmt
New Prologis report drives home the need for more warehouse space
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