Meet “The Airbnb of Warehouse Space”
SEPTEMBER 13, 2017
There’s a ton of warehouse space in the United States today: about 14.5 billion square feet, according to Jonathan Rosenthal, chairman and co-founder of Warehouse Exchange. But that’s not the shocker, he told Karen Webster in this week’s Matchmaker. According to Rosenthal, the amount of space that goes unused on any given day is 4 billion square feet, or roughly 30 percent. And that’s just the U.S. — the stats in Asia are even worse, with as much as half of all warehouse space sitting unused.