The cardboard real estate boom is here
According to new research from the commercial real estate company Newmark, the rise of e-commerce is fueling another kind of boom in the factories and warehouses that produce and distribute packaging: Plastic bags, padded envelopes, and classic corrugated cardboard are in growing demand, and so are spaces where these items are produced.
“An e-commerce sale requires seven times more boxes per dollar sale than a brick-and-mortar retail purchase,” says Mark Russo, associate director and lead author of the Newmark report. “You can see with that one stat why the packaging world is changing.”
Corrugated cardboard is a big part of