Type "ACSIRET/ABSIWH, COMPLRET/COMPLWH, HH, HHINC, OCCRET/OCCWH, REVRET/REVWH, VACRET/VACWH, WHSQFT" in the search box to see all available listings)
What is it?
- With the growing demand for warehouse space and real estate as more supply chains move to a regional distribution network, real estate costs are becoming increasingly important in logistics management. Several new metrics have been added to help companies and individuals measure how hot or cold a market is when deciding to purchase new warehouse or retail space. There are also new metrics that measure how fast each market is growing or declining, letting users know whether it is a good decision to open in a market or not. The following data has been added:
- Absorption Index Retail/Warehouse (ABSIRET/ABSIWH) – Change in occupied retail/warehouse units per total occupied retail/warehouse stock – Basically the higher this number goes, the higher the rate of absorption of new retail and warehouse space, the demand for space is higher
- Real Estate Completions Retail/Warehouse (COMPLRET/COMPLWH) – Square feet of new retail/warehouse space added to inventory
- Households (HH) – Occupied housing units in each market
- Average Household Income (HHINC) – Average household income in each market
- Occupied Stock Retail/Warehouse (OCCRET/OCCWH) – Occupied amount of inventory of retail/warehouse space at quarter end
- Gross Revenue Retail/Warehouse (REVRET/REVWH) – Sum of effective rent revenue less concessions and credit loss for retail/warehouse space
- Vacant Stock Retail/Warehouse (VACRET/VACWH) – Amount of available inventory of retail/warehouse space at quarter end in units
- Real Estate Inventory Warehouse (WHSQFT) – Total square feet of warehouse inventory
Who is interested?
- Anyone involved with logistics management, freight storage and warehousing. Carriers and shippers that might be looking to open new terminals and/or distribution centers, looking where the cheapest locations are and also using as negotiating tactic.
What does it tell me?
- How active the market is.
- How much to spend in a specific market
- If looking elsewhere would be a better idea
- Which markets are declining or growing