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Why Multi-Story Industrial Assets Might Be In The Future For Dense U.S. Cities

Multi-story warehouses are already common in Asia, but the concept is now taking off in supply-constrained American cities.

Four multilevel projects are currently under construction or will soon break ground in Seattle, San Francisco and New York City, and many more planned projects will be announced in the coming months, according to Rob Kossar, vice chairman and head of the Northeast industrial region at real estate services firm JLL.

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