Industrial Space Uptake, Small Business Optimism Industrial Space Uptake, Small Business Optimism

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Industrial Space Uptake, Small Business Optimism

industrial buildingAnother indicator of economic recovery is in the news this week.  A report released by a national industrial/office space association (NAIOP) says that demand for warehouse/distribution/ manufacturing space could reach record levels in 2014.

The demand is being fueled by expansion of small business e-commerce – which shifts goods from retail stock rooms to fulfillment and distribution centers – as well the improving housing industry.

This news reflects a growing, but cautious optimism among small business owners.  The most recent Wells Fargo/Gallup Small Business Index indicates that optimism has increased four-fold since the third quarter of 2008. The report also notes:

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