An Alternative Determinant of Warehouse Space Demand: A Case Study
AbstractA unique approach is used to assess the demand for warehouse space. Typically, demand for warehouse space has been modeled using population or employment measures. Unlike previous work, warehouse inventory, rather than employment, is used to model space demand. Warehouse inventory is proxied by data on freight shipments. Detailed information on the location and freight activity of manufacturing plants and distribution centers across the United States, Dallas, Los Angeles, and Seattle is used. Warehouse employment is then compared to freight shipments in determining demand for warehouse space. Preliminary results are mixed and the sample size of the metro areas examined should be increased in future work.
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Bibliographic InfoArticle provided by American Real Estate Society in its journal Journal of Real Estate Research.
Volume (Year): 21 (2001)
Issue (Month): 1/2 ()
Contact details of provider:
Postal: American Real Estate Society Clemson University School of Business & Behavioral Science Department of Finance 401 Sirrine Hall Clemson, SC 29634-1323
Web page: http://www.aresnet.org/
Postal: Diane Quarles American Real Estate Society Manager of Member Services Clemson University Box 341323 Clemson, SC 29634-1323
Find related papers by JEL classification:
- L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services
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- John L. Kling & Thomas E. McCue, 1991. "Stylized Facts About Industrial Property Construction," Journal of Real Estate Research, American Real Estate Society, vol. 6(3), pages 293-304.
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