IDEAS home Printed from https://ideas.repec.org/a/spr/rrorus/v14y2024i1d10.1134_s2079970524600690.html
   My bibliography  Save this article

Spatial Development of the Warehouse Real Estate Market of the Moscow Urban Agglomeration in the Post-Soviet Period

Author

Listed:
  • M. A. Makushin

    (Lomonosov Moscow State University, Faculty of Geography)

Abstract

The article is devoted to determining the territorial projection of the development of the warehouse real estate market in the post-Soviet period using the example of the Moscow urban agglomeration and adjacent regions of Russia. The Moscow region has the largest and most geographically dispersed warehouse network, and against the backdrop of record take-up for warehouse real estate and the growth of regional warehouse networks, it is necessary to systematize the logic of market development in order to assess future prospects. The analysis was conducted using statistical and cartographic methods on data on key indicators of market development and warehouse facilities from consulting companies IBC Real Estate and NF Group. The method of expert interviews was also used to reconstruct the data series. Four stages of spatial development of the market are identified: emergence, formation, stabilization, and saturation. At the first stage, market activity is concentrated mainly in the core of the urban agglomeration and on the subperiphery between the Moscow Ring Road and the Central Ring Road (near export–import terminals); at the second stage, it shifts to the subperiphery along key highways, and the core becomes a secondary market. At the third stage, activity remains in the subperiphery, expands into sectors between highways, and also shifts further to the periphery beyond the Central Ring Road (the most attractive areas are the intersections of the Central Ring Road and highways); at the final stage, activity will shift to the periphery, and redevelopment of obsolete assets will occur in the core of the urban agglomeration. At each stage, take-up and new construction also shift to adjacent regions that are at different stages of development: regions that use external agglomeration effects (proximity to the Moscow urban agglomeration—Tver and Kaluga oblasts) or internal agglomeration effects (internal consumer take-up—Yaroslavl oblast) develop faster. The onset of the saturation stage in the Moscow urban agglomeration slowed down the growth of online retail due to the transformation of consumption patterns after the COVID-19 pandemic, which returned take-up for warehouse real estate not only to the subperiphery, but also to the core of the urban agglomeration.

Suggested Citation

  • M. A. Makushin, 2024. "Spatial Development of the Warehouse Real Estate Market of the Moscow Urban Agglomeration in the Post-Soviet Period," Regional Research of Russia, Springer, vol. 14(1), pages 44-54, December.
    • Handle: RePEc:spr:rrorus:v:14:y:2024:i:1:d:10.1134_s2079970524600690
    DOI: 10.1134/S2079970524600690
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1134/S2079970524600690
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1134/S2079970524600690?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Rivera, Liliana & Sheffi, Yossi & Welsch, Roy, 2014. "Logistics agglomeration in the US," Transportation Research Part A: Policy and Practice, Elsevier, vol. 59(C), pages 222-238.
    2. Masilonyane Mokhele & Tholang Mokhele, 2022. "Spatial Configuration of Logistics Firms Relative to Cape Town International Airport, South Africa," Logistics, MDPI, vol. 6(3), pages 1-22, July.
    3. E. V. Antonov & N. K. Kurichev & A. I. Treivish, 2022. "Shrinking Urban System of the Largest Country: Research Progress and Unsolved Issues," Regional Research of Russia, Springer, vol. 12(1), pages 20-35, March.
    4. E. V. Antonov & A. G. Makhrova, 2019. "Largest Urban Agglomerations and Forms of Settlement Pattern at the Supra-Agglomeration Level in Russia," Regional Research of Russia, Springer, vol. 9(4), pages 370-382, October.
    5. N. V. Zubarevich, 2018. "Concentration of the Population and the Economy in the Capitals of Post-Soviet Countries," Regional Research of Russia, Springer, vol. 8(2), pages 141-150, April.
    6. Gingerich, Kevin & Maoh, Hanna, 2019. "The role of airport proximity on warehouse location and associated truck trips: Evidence from Toronto, Ontario," Journal of Transport Geography, Elsevier, vol. 74(C), pages 97-109.
    7. Laetitia Dablanc & Scott Ogilvie & Anne Goodchild, 2014. "Logistics Sprawl: Differential Warehousing Development Patterns in Los Angeles and Seattle," Post-Print hal-00944130, HAL.
    8. K. E. Aksenov, 2016. "Evolution of the types of shopping and spatial organization of retail trade in the post-Soviet metropolis," Regional Research of Russia, Springer, vol. 6(4), pages 375-386, October.
    9. E. V. Antonov, 2021. "Labor Markets of Urban Agglomerations in Russia," Regional Research of Russia, Springer, vol. 11(2), pages 187-198, April.
    10. A. G. Makhrova, 2022. "The Moscow Capital Region: An Example of Accelerated Development," Regional Research of Russia, Springer, vol. 12(1), pages 105-122, December.
    11. A. G. Makhrova & R. A. Babkin, 2020. "Methodological Approaches to the Delimitation of the Boundaries of the Moscow Agglomeration Based on Data from Mobile Network Operators," Regional Research of Russia, Springer, vol. 10(3), pages 373-380, July.
    12. Heitz, Adeline & Dablanc, Laetitia & Olsson, Jerry & Sanchez-Diaz, Ivan & Woxenius, Johan, 2020. "Spatial patterns of logistics facilities in Gothenburg, Sweden," Journal of Transport Geography, Elsevier, vol. 88(C).
    13. Sakai, Takanori & Beziat, Adrien & Heitz, Adeline, 2020. "Location factors for logistics facilities: Location choice modeling considering activity categories," Journal of Transport Geography, Elsevier, vol. 85(C).
    14. Takanori Sakai & Adrien Beziat & Adeline Heitz, 2020. "Location factors for logistics facilities: Location choice modeling considering activity categories," Post-Print halshs-03196110, HAL.
    15. Bowen Sun & Haomin Li & Qiuyun Zhao, 2018. "Logistics agglomeration and logistics productivity in the USA," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 61(2), pages 273-293, September.
    16. A. G. Makhrova & T. G. Nefedova & A.I. Treivish, 2023. "Moscow Oblast: Territorial Structure of Post-Soviet Transformations," Regional Research of Russia, Springer, vol. 13(1), pages 25-39, December.
    17. Elena Kirby-Hawkins & Mark Birkin & Graham Clarke, 2019. "An investigation into the geography of corporate e-commerce sales in the UK grocery market," Environment and Planning B, , vol. 46(6), pages 1148-1164, July.
    18. Ali Durmuş & Sevkiye Sence Turk, 2014. "Factors Influencing Location Selection of Warehouses at the Intra-Urban Level: Istanbul Case," European Planning Studies, Taylor & Francis Journals, vol. 22(2), pages 268-292, February.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. M. V. Zotova & A. G. Makhrova & O. B. Glezer, 2024. "Trends in Urban Studies in Russia: Topics in Light of the Current State of the Arts of Geography," Regional Research of Russia, Springer, vol. 14(1), pages 1-9, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Tare, Apeksha & Nefs, Merten & Koomen, Eric & Verhoef, Erik, 2024. "Spatial drivers of logistics development in the Netherlands," Journal of Transport Geography, Elsevier, vol. 121(C).
    2. Sakai, Takanori & Kawamura, Kazuya & Hyodo, Tetsuro, 2020. "Logistics facilities for intra and inter-regional shipping: Spatial distributions, location choice factors, and externality," Journal of Transport Geography, Elsevier, vol. 86(C).
    3. Yang, Zhiwei & Chen, Xiaohong & Pan, Ruixu & Yuan, Quan, 2022. "Exploring location factors of logistics facilities from a spatiotemporal perspective: A case study from Shanghai," Journal of Transport Geography, Elsevier, vol. 100(C).
    4. M. A. Makushin & M. D. Goryachko, 2022. "The Geographical Patterns of the Warehouse Property Market in the Moscow Urban Agglomeration," Regional Research of Russia, Springer, vol. 12(4), pages 520-530, December.
    5. E. V. Antonov & N. K. Kurichev & A. I. Treivish, 2022. "Shrinking Urban System of the Largest Country: Research Progress and Unsolved Issues," Regional Research of Russia, Springer, vol. 12(1), pages 20-35, March.
    6. David Guerrero & Jean Paul Hubert & Martin Koning & Nicolas Roelandt, 2022. "On the Spatial Scope of Warehouse Activity: An Exploratory Study in France," Post-Print hal-03551270, HAL.
    7. Oliveira, Renata Lúcia Magalhães de & Dablanc, Laetitia & Schorung, Matthieu, 2022. "Changes in warehouse spatial patterns and rental prices: Are they related? Exploring the case of US metropolitan areas," Journal of Transport Geography, Elsevier, vol. 104(C).
    8. Guerrero, D. & Hubert, J.-P. & Koning, M. & Roelandt, N., 2022. "On the spatial scope of warehouse activity: An exploratory study in France," Journal of Transport Geography, Elsevier, vol. 99(C).
    9. A. M. Abdullaev & D. Yu. Zemlyanskii & L. V. Kalinovskii & D. M. Medvednikova, 2024. "Socioeconomic Situation of Russian Urban Agglomerations in 2015–2021," Regional Research of Russia, Springer, vol. 14(2), pages 143-159, June.
    10. Sakai, Takanori & Beziat, Adrien & Heitz, Adeline, 2020. "Location factors for logistics facilities: Location choice modeling considering activity categories," Journal of Transport Geography, Elsevier, vol. 85(C).
    11. R. A. Babkin & A. N. Bereznyatsky & A. G. Makhrova, 2024. "Second-Order Urban Agglomerations in the Moscow Region: Development Trends in the Post-Soviet Period," Regional Research of Russia, Springer, vol. 14(1), pages 31-43, December.
    12. Rivera-Gonzalez, Carlos & Ahmed, Usman & Roorda, Matthew J., 2025. "The evolving landscape of urban logistics: A study of the Greater Golden Horseshoe," Journal of Transport Geography, Elsevier, vol. 122(C).
    13. Kang, Sanggyun, 2020. "Relative logistics sprawl: Measuring changes in the relative distribution from warehouses to logistics businesses and the general population," Journal of Transport Geography, Elsevier, vol. 83(C).
    14. Zhang, Xinfang & Liu, Chengliang & Peng, Yan & Lu, Jing, 2023. "Connectivity-based spatial patterns and factors influencing international container multimodal hubs in China under the Belt and Road initiative," Transport Policy, Elsevier, vol. 143(C), pages 10-24.
    15. Masilonyane Mokhele & Tholang Mokhele, 2022. "Spatial Configuration of Logistics Firms Relative to Cape Town International Airport, South Africa," Logistics, MDPI, vol. 6(3), pages 1-22, July.
    16. Holl, Adelheid & Mariotti, Ilaria, 2018. "Highways and firm performance in the logistics industry," Journal of Transport Geography, Elsevier, vol. 72(C), pages 139-150.
    17. Dalila Ribaudo, 2023. "Tracking the Van: The role of forward linkages in logistics MNEs' location choices across European NUTS 3 regions," Papers in Regional Science, Wiley Blackwell, vol. 102(2), pages 331-362, April.
    18. Wang, Kailai & Chen, Zhenhua & Cheng, Long & Zhu, Pengyu & Shi, Jian & Bian, Zheyong, 2023. "Integrating spatial statistics and machine learning to identify relationships between e-commerce and distribution facilities in Texas, US," Transportation Research Part A: Policy and Practice, Elsevier, vol. 173(C).
    19. Zhao, Liyuan & Zhou, Cong & Liu, Kaili & Huang, Liyang & Li, Zhi-chun, 2024. "Comparison of the driving mechanism between logistics land use and facilities: A case study from Wuhan metropolitan area," Journal of Transport Geography, Elsevier, vol. 114(C).
    20. R. A. Babkin, 2024. "Review of Russian Approaches to Assessing Commuting Labor Migration," Regional Research of Russia, Springer, vol. 14(2), pages 160-169, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:rrorus:v:14:y:2024:i:1:d:10.1134_s2079970524600690. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.