Any company running a new distribution center faces a host of factors that have combined to push up costs. Recruiting enough labor to staff up warehouses and distribution facilities, for example, has become a challenge for operators. But even before getting to that point, developers now have to deal with rising construction costs, and it’s not clear whether this will eventually begin to moderate the pace of new projects in a today’s robust environment. The construction industry began running low on skilled labor once the recession ended and construction boomed in many sectors.
Source: Globe St