Changes in warehouse spatial patterns and rental prices: Are they related? Exploring the case of US metropolitan areas
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- handle: 10670/1.0d9mxg
- halshs: halshs-04098574
- doi: 10.1016/j.jtrangeo.2022.103450
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info:eu-repo/semantics/altIdentifier/doi/10.1016/j.jtrangeo.2022.103450
info:eu-repo/semantics/OpenAccess
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Warehousing spatial patterns US metropolitan areas Logistics sprawl Logistics real estate Urban formCiter ce document
Renata Lúcia Magalhães De Oliveira et al., « Changes in warehouse spatial patterns and rental prices: Are they related? Exploring the case of US metropolitan areas », HAL-SHS : architecture, ID : 10.1016/j.jtrangeo.2022.103450
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In this paper, two hypotheses are explored linking urban characteristics to the spatial structure of warehouses: (i) the location of warehouses is closely related to the land/rent values of logistics facilities; and (ii) logistics sprawl is higher in cities with a high differential between land/rent values in city centers and peripheral areas. For that, we have considered logistics real estate and urban data for 48 United States metropolitan areas to analyze the urban spatial structure and the relationship among urban variables, warehouse location, and real estate rental prices. We also deliver a comparative analysis among the 48 metropolitan areas. The main results are (i) it is essential to classify metropolitan areas into a typology in order to perform comparative studies; (ii) warehouse location and rent prices are related to the concentration of urban activity; (iii) logistics sprawl is not significantly related to differential warehouse rental prices in the database that we explored.