{"id":1004569471,"date":"2022-03-01T14:34:27","date_gmt":"2022-03-01T22:34:27","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004569471"},"modified":"2022-12-08T23:23:54","modified_gmt":"2022-12-09T07:23:54","slug":"a-good-investment-2","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/going-up","title":{"rendered":"Going Up!"},"content":{"rendered":"<p>In many places, pandemic restrictions are finally being lifted\u2014masks mandates are ending, and restaurants are seeing more business. It feels like things are starting to stabilize. But, despite this, we\u2019re not going to just go back to the \u201cbefore times.\u201d Things have changed too much. And that can be a good thing.<\/p>\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-text-color has-background\" href=\"https:\/\/mydigitalpublication.com\/publication\/?i=740045&amp;ver=html5\" style=\"background-color:#00aeab\" target=\"_blank\" rel=\"noreferrer noopener\">READ THE DIGEST<\/a><\/div>\n<\/div>\n\n\n<div id=\"attachment_1004401892\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Jessica-Fiur-Headshot_small-1.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004401892\" data-attachment-id=\"1004401892\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/the-simple-step-to-help-your-tenants-amid-the-coronavirus-crisis\/jessica-fiur-headshot_small-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Jessica-Fiur-Headshot_small-1.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Jessica-Fiur-Headshot_small\" data-image-description=\"&lt;p&gt;Jessica Fiur, Editor-in-Chief&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;From the Editor&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Jessica-Fiur-Headshot_small-1.jpg?w=800\" class=\"wp-image-1004401892 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Jessica-Fiur-Headshot_small-1.jpg?w=300\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Jessica-Fiur-Headshot_small-1.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Jessica-Fiur-Headshot_small-1.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Jessica-Fiur-Headshot_small-1.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004401892\" class=\"wp-caption-text\">Jessica Fiur, Editor-in-Chief<\/p><\/div>\n<p>E-commerce, for one, is still booming. It had already been popular for a while, of course, but during the early stages of the lockdown people really leaned in to ordering online. And they never really stopped. According to a study by <a href=\"https:\/\/www.digitalcommerce360.com\/article\/us-ecommerce-sales\/\">Digital Commerce 360<\/a>, U.S. consumers spend more than $870 billion in 2021, up from $762 billion in 2020. They\u2019re predicting that number will be even larger in 2022.<\/p>\n<p>Of course, a lot of online shopping means a lot of stuff\u2014clothes, workout equipment, sequined pillows with pictures of people\u2019s pets on them. (It\u2019s my money, and I\u2019ll spend it however I so choose.) That means more distribution centers. People also expect their items to be delivered quickly now, which means those distribution centers now need to be closer to cities and other densely populated neighborhoods.<\/p>\n<p>The problem with that though\u2014as any New Yorker who uses their unused oven as spare drawer space can tell you\u2014is space. Distribution centers typically need to take up a large footprint. And many cities can\u2019t spare that. &nbsp;&nbsp;<\/p>\n<p>They were right: space really <em>is <\/em>the final frontier.<\/p>\n<p>But fear not! As Mark Faris reports in \u201c<a href=\"https:\/\/www.commercialsearch.com\/news\/e-commerce-powers-the-rise-of-multistory-industrial-projects\/\">E-commerce Powers the Rise of Multistory Industrial Projects<\/a>,\u201d some companies, such as Prologis, are eschewing traditional single-story logistics developments for multistory facilities.<\/p>\n<p>Not only do these developments save space but they also allow companies to build in areas that would have otherwise been difficult to garner entry.<\/p>\n<p>\u201cThese strategically located developments offer businesses the ability to save money on delivery costs as well as meet expectations for fast delivery by being closer to the end consumer,\u201d Richard Kolpa, senior vice president &amp; market officer at Prologis, told Faris.<\/p>\n<p>The industrial sector will continue to innovate and improve. Which is good for the industry, and good for all of us.<\/p>","protected":false},"excerpt":{"rendered":"<p>Developers are taking their logistics facilities to new heights.<\/p>\n","protected":false},"author":443,"featured_media":1004401892,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1521,21788],"tags":[],"class_list":["post-1004569471","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digital","category-editors-notes"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Going Up! - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/going-up\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Going Up!\" \/>\n<meta property=\"og:description\" content=\"Developers are taking their logistics facilities to new heights.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/going-up\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-01T22:34:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T07:23:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Jessica-Fiur-Headshot_small-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jessica Fiur\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/going-up\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/going-up\/\",\"name\":\"Going Up! 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