Warehouse automation was a trend before COVID-19. Since the pandemic, the trend has accelerated. Increase Investing in Warehouse Automation Some 66% of companies in e-commerce and 59% in grocery report they are investing more in automation, according to the 2020 Honeywell Intelligrated Automation Investment Study. The study was conducted among leaders and decision-makers early in…

The New York metro warehouse space demand boom continues—driven by several factors. The COVID-19 pandemic has decimated the US economy and hit real estate especially hard—but not in every sector. In fact, the market for warehouse space in the New York metropolitan area is growing. Ecommerce has seen already accelerated demand growth to warp speed….

The Warehouse as a Servicemodelis a relatively new, but fast-growing phenomenon. Partly driven by the scarcity of space for ecommerce fulfillment,and partly driven by skyrocketing customer demand, this new model isexpanding. What is Warehouse as a Service (WaaS)? Warehouse as a Service is amodelfor outsourcing some or all logistics functions, such as storage, stock management,…

We have written how COVID-19 online shopping has impacted the warehouse space market in the New York Metro area, but that is not the only impact of the pandemic on this market. The spaciousness and adaptability of warehouse real estate is highly valued now, as organization grapple with social distancing at work. The COVID-19 guidance…