Adding more warehouse capacity can open up important opportunities for growing your business. However, expanding your warehouse operations is easier said than done; according to the Wall Street Journal, the national average warehouse vacancy rate in Q4 2022 only reached 3.3%.
Expanding your warehousing footprint in this real estate market will take a lot of preparation and strategy. Considering all the facets of warehouse expansion—the who, what, when, where, and why—will help you make the right decision for your business.
Download this guide to gain decision-making guidance and alternative suggestions for expanding your ecommerce business’s warehousing footprint, including:
- Questions to consider for evaluating your expansion needs
- Pros and cons of warehouse expansion
- Strategies for buying, building, or partnering with a 3PL
- Technology resources to help you get the most out of your warehouse