Prologis Report Highlights Growing Demand For Tech-Enabled Warehouse Space
A recent report by Prologis found that warehouse automation is expanding real estate value as adoption accelerates. The report noted that around 30% of modern logistics space now uses automation, up from 20%-to-25% five years ago. Prologis explained that automation adoption is being driven by structural pressures such as labor shortages, supply chain complexity, and the need for faster throughput. The report was published by Logistics Management.