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[$$] U.S. Warehouse Supply Tightens

For U.S. retailers, manufacturers, importers and exporters, warehouse space is at its tightest since 2000, when the first dot-com boom was driving strong consumer spending and imports from China were beginning to surge. Economists with real-estate brokerage CBRE Group Inc. said in a recent report that new warehouse space is getting gobbled up as soon as it is completed. In the second quarter, demand for industrial space went beyond the 49 million square feet that came online, but supply and demand are edging closer to equilibrium.