Retailers are going to be gobbling up real estate space to expand warehouse and logistics operations in response to booming online sales amid the pandemic, according to a new report by Prologis.

The REIT’s research department found in a June study that e-commerce penetration in the US spiked to more than 25% in April, up from 15% at year-end 2019. 


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Phillip Bantz

Phillip Bantz is a reporter for Corporate Counsel. Follow him on Twitter @PhillipBantz.

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