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seattle-prologis seattle To meet the robust demand in Seattle, Prologis has launched construction of the first multi-story distribution building in the US.

CHICAGO—US customers’ online shopping habits may be cutting into the business of brick-and-mortar retail, but they are helping to propel the industrial real estate market to new heights. Developers will complete a historic amount of new space this year, much of it for product distributors and logistics firms, according to JLL’s Industrial Outlook 2017. And as fast as these buildings have risen, tenants have filled the space, pushing vacancy rates to a 17-year low and rents through the roof.

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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