E-commerce appetite puts pressure on industrial space
From Globe and Mail
“E-commerce is growing at about 15 to 20 per cent a year. The way retail is going online requires facilities close to large populations,” says Chris MacCauley, senior vice-president at CBRE in Vancouver. “Our old industrial areas were serving where it worked back then. And we’ve just put billions into infrastructure [around the Delta port]. Does the land surrounding that make sense as agriculture?”