Changes in warehouse spatial patterns and rental prices: Are they related? Exploring the case of US metropolitan areas
Renata Lúcia Magalhães de Oliveira,
Laetitia Dablanc and
Matthieu Schorung
Journal of Transport Geography, 2022, vol. 104, issue C
Abstract:
In this paper, two hypotheses are explored linking urban characteristics to the spatial structure of warehouses: (i) the location of warehouses (central places or peripheral areas) is closely related to the land/rent values of these 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 warehouse real estate and urban data for 46 United States metropolitan areas to analyze the urban spatial structure and the relationship among urban variables, warehouse location, and rental prices. We deliver an exploratory analysis among the 46 metropolitan areas. The main results are (i) it is essential to classify metropolitan portions of urban space into a typology to perform studies that consider different regions; (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.
Keywords: Warehousing spatial patterns; US metropolitan areas; Logistics sprawl; Logistics real estate; Urban form (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jotrge:v:104:y:2022:i:c:s0966692322001739
DOI: 10.1016/j.jtrangeo.2022.103450
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