The U.S. Is Running Out of Warehouse Space, Intensifying Supply Chain Bottlenecks and Adding to Inflation

Man in blue polo and jeans working on a warehouse on his laptop

Available warehouse space near significant distribution hubs fell to historic lows in the third quarter of 2021, placing even more pressure on supply chain bottlenecks and increasing inflation, according to The Wall Street Journal.

Demand for industrial real estate in the third quarter outpaced supply by 41 million square feet, increasing the vacancy rate to 3.6%, down 0.7% from Q3 2020 and marking the lowest level since 2002, according to data from CBRE, the WSJ reported.

Warehouses near the Los Angeles and Long Beach ports in California, some of the most important distribution points of entry in the country, reached a vacancy rate of 1% in Q3 this year, according to the WSJ. During the same quarter in 2020, the vacancy rate was 2.3%.

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Tennessee Star Report Exclusive: Ben Cunningham Says Conservatives Living in Metro Nashville Council District 29 Should Run in January Special Election

On Thursday’s Tennessee Star Report with Steve Gill and Michael Patrick Leahy – broadcast on Nashville’s Talk Radio 98.3 and 1510 WLAC weekdays from 5:00 am to 8:00 am – Leahy welcomed special guest host, Ben Cunningham to the show and chatted about his urging of conservatives in metro Nashville to run for office in District 29’s January special election.  The men also reminisced about the Tennessee Tax Revolt, how people became transformed and activists,  and how today there is so much a citizen can do to make a difference if they just get involved. Leahy: Guest hosting today is our good friend Ben Cunningham. Ben we were talking about getting involved in activism both the parents and grandparent’s and kids.  Possibly encouraging somebody to run for metro council in the 29th district here a special election in January where Karen Johnson has left.  Um, there’s also other things that need to be going on here… Cunningham: All the council seats are coming up in August of next year.  August of 2019 is, be a full slate of the council member elections.  Anybody can run for those seats also if you’re in Davidson county you have to qualify by, I think it’s May 13th…

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