Business
What effect is Amazon having on the Industrial Real Estate industry. In this Episode we discussed how Amazon has ignited the demand for warehouse space worldwide. Not only caused by themselves but also by suppliers and competitors that have to take warehouse space to meet the customer demands. Consider that Amazon didn't have a warehouse footprint in Miami 5 years ago and today they occupy over 1.5 million square feet. During this same time rents and sale prices have increased substantially. On today's Industrial Tip, we talk about what landlord should do when a tenant leaves and get the space ready for the next tenant. Thanks for listening! Please leave us any feedback!