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Aging Industrial Inventory
From pet rocks to skinny jeans, warehouses follow consumer trends, too.
From the Walkman to boom boxes, pet rocks and the Rubik’s Cube, the 1980s was a memorable decade for consumer culture—and for the growth of the warehouses where those consumer goods were stored and distributed. Now, three-quarters of U.S. industrial properties are more than 20 years old, according to our recent research. Just as pop culture tastes have evolved, what companies want from their warehouses has changed, too.