Awaiting construction completions, few spaces are available
- Until new construction is delivered to the market, there are few available space options; the overall vacancy rate dropped to 7.57% this quarter.
- The Charleston market absorbed 180,005 square feet during the third quarter of 2019; the positive absorption was within the warehouse sector of the industrial market.
- Robotics are shifting much of the industrial workforce from physical labor to technology and automation-based training in order to remain efficient.
Robotics have changed the nature of warehousing and manufacturing
The nature of warehouse and manufacturing employment training has changed drastically over the last ten years. The knowledge areas have shifted from heavy manual labor and mechanical skills to technology-based knowledge. It is necessary to attract employees with the appropriate knowledge in order to run a business efficiently. Another way warehouse and manufacturing has changed over the years is the addition of robotics in order to minimize mistakes and automate some aspects of production. Robotics do not have to look like the traditional image of complex, human-like robots. According to Conveyco.com, listed below are several types of robotics in use everyday.
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