{"id":3144,"date":"2021-03-30T13:50:34","date_gmt":"2021-03-30T20:50:34","guid":{"rendered":"https:\/\/www.lee-associates.com\/northwest\/?p=3144"},"modified":"2022-03-21T15:55:04","modified_gmt":"2022-03-21T22:55:04","slug":"vanessa-herzog-discusses-the-industrial-market-with-seattle-business-magazine","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/northwest\/2021\/03\/30\/vanessa-herzog-discusses-the-industrial-market-with-seattle-business-magazine\/","title":{"rendered":"Vanessa Herzog Discusses the Industrial Market with Seattle Business Magazine"},"content":{"rendered":"<div id=\"pl-3144\"  class=\"panel-layout\" ><div id=\"pg-3144-0\"  class=\"panel-grid panel-has-style\" ><div class=\"panel-row-style panel-row-style-for-3144-0\" ><div id=\"pgc-3144-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-3144-0-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h1 style=\"text-align: center\">E-commerce Drives Industrial Market Strength<\/h1>\n<h2 id=\"page-title\" class=\"page__title title\" style=\"text-align: center\">Industrial space is in high demand<\/h2>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div><div id=\"pg-3144-1\"  class=\"panel-grid panel-has-style\" ><div class=\"panel-row-style panel-row-style-for-3144-1\" ><div id=\"pgc-3144-1-0\"  class=\"panel-grid-cell\" ><div class=\"panel-cell-style panel-cell-style-for-3144-1-0\" ><div id=\"panel-3144-1-0-0\" class=\"so-panel widget widget_sow-image panel-first-child panel-last-child\" data-index=\"1\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-image so-widget-sow-image-default-e4c2d9f6c920-3144\"\n\t\t\t\n\t\t>\n<div class=\"sow-image-container\">\n\t\t\t<a href=\"http:\/\/www.lee-nw.com\/vanessa-herzog\"\n\t\t\t\t\t>\n\t\t\t<img \n\tsrc=\"https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2019\/08\/Herzog_DSC0118_Small-Swoop.jpg\" width=\"214\" height=\"300\" sizes=\"(max-width: 214px) 100vw, 214px\" title=\"Herzog_DSC0118_Small Swoop\" alt=\"Vanessa Herzog, SIOR, CCIM\" \t\tclass=\"so-widget-image\"\/>\n\t\t\t<\/a><\/div>\n\n<\/div><\/div><\/div><\/div><div id=\"pgc-3144-1-1\"  class=\"panel-grid-cell\" ><div id=\"panel-3144-1-1-0\" class=\"so-panel widget widget_sow-editor panel-first-child\" data-index=\"2\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<p style=\"text-align: justify\"><strong>March 30, 2021 (Seattle, WA)<\/strong><\/p>\n<p>Amazon and other retailers\u00a0are going the last mile in the Covid-19 economy, and that\u2019s delivering to Seattle-area industrial and warehouse investors.<\/p>\n<p>\u201cToward the end of April, e-commerce just took off. It has absolutely just gone bananas. A tremendous amount of unprecedented growth,\u201d says Vanessa Herzog, principal at Lee &amp; Associates of Seattle and a member of the Society of Industrial and Office Realtors [SIOR]. \u201cAmazon is taking down millions and millions of square feet of space along the I-5 corridor and into high-density population areas for their last-mile delivery. No one really knows how much square footage they\u2019re going\u00a0to end up with at the end of the day.\u201d<\/p>\n<p>Amazon is secretive about its logistical network, but brokers estimate the company occupies millions of square feet in the region. Last month, the company opened a distribution center in Everett, with plans to open four more.<\/p>\n<\/div>\n<\/div><\/div><div id=\"panel-3144-1-1-1\" class=\"so-panel widget widget_lsow-button panel-last-child\" data-index=\"3\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-lsow-button so-widget-lsow-button-default-7cdee0581b16-3144\"\n\t\t\t\n\t\t><div class=\"lsow-button-wrap\" style=\"clear: both; text-align:center;\"><a class= \"lsow-button  lsow-custom lsow-medium lsow-rounded\" data-color=\"#98002e\" data-hover-color=\"#98002e\" href=\"https:\/\/seattlebusinessmag.com\/commercial-real-estate\/e-commerce-drives-industrial-market-strength\" target=&quot;_blank&quot;>Click Here to Read the Full Seattle Business Magazine Article<\/a><\/div><\/div><\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>E-commerce Drives Industrial Market Strength Industrial space is in high demand March 30, 2021 (Seattle, WA) Amazon and other retailers\u00a0are going the last mile in the Covid-19 economy, and that\u2019s delivering to Seattle-area industrial and warehouse investors. \u201cToward the end of April, e-commerce just took off. It has absolutely just gone bananas. A tremendous amount of unprecedented growth,\u201d says Vanessa Herzog, principal at Lee &amp; Associates of Seattle and a member of the Society of&#8230;<\/p>\n","protected":false},"author":39,"featured_media":3145,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,1084],"tags":[1108],"class_list":["post-3144","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-industrial","tag-vanessa-herzog"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.7 (Yoast SEO v28.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Vanessa Herzog Discusses the Industrial Market with Seattle Business Magazine - Lee &amp; Associates Pacific Northwest<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lee-associates.com\/northwest\/2021\/03\/30\/vanessa-herzog-discusses-the-industrial-market-with-seattle-business-magazine\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vanessa Herzog Discusses the Industrial Market with Seattle Business Magazine\" \/>\n<meta property=\"og:description\" content=\"E-commerce Drives Industrial Market Strength Industrial space is in high demand March 30, 2021 (Seattle, WA) Amazon and other retailers\u00a0are going the last mile in the Covid-19 economy, and that\u2019s delivering to Seattle-area industrial and warehouse investors. \u201cToward the end of April, e-commerce just took off. 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