How Big is the Warehousing Industry?

Written by Business magazine. Posted in Leasing commercial property, Leasing retail space, Warehouse for rent orlando

Warehousing and distribution

While it may seem oddly specific to the layperson, warehouse space is an exploding industry in today’s e-commerce marketplace. With the rise of retail mega-giants like Amazon and Walmart, determining warehouse space needs — and then finding corresponding spaces — is a great niche to be in. Within the past 20 years, or since about the year 2000, warehouse and distribution space in the United States has increased by almost 90%.

While technically a subset of the commercial real estate umbrella, renting and leasing warehouse space is quickly becoming its own business. An estimated 170,000 Americans are in the business of leasing warehouses and storage, which is more than twice the number of Americans employed in the coal industry.

Circling back to the retail giants, e-commerce is expecte