ISELIN, NJ (PYMNTS.COM) SEPTEMBER 15, 2017
There’s a ton of warehouse space in the United States today: about 14.5 billion square feet, according to Jonathan Rosenthal, chairman and co-founder of Warehouse Exchange. But that’s not the shocker. According to Rosenthal, the amount of space that goes unused on any given day is 4 billion square feet, or roughly 30 percent. And that’s just the U.S. — the stats in Asia are even worse, with as much as half of all warehouse space sitting unused.