During the earlier half of the year, all domestic and international distribution came to a screeching halt. However, consumer demand intensified, and many distribution centers had to quickly catch up to try and fix supply chain issues once operations resumed.
Although e-commerce has helped distribution companies remain strong, the pandemic has brought on significant changes to their commercial properties, such as rent increases. Find out how distribution centers can leverage external obsolescence to appeal their property taxes for the upcoming year.
Still have questions that need answers? Get in contact with one of our specialists for more information.
Previously in the series:
Retail Spaces Need to Proactively Plan Property Tax Appeal
Hotels and COVID: Lower Occupancy, Higher Operational Expenses
The Pandemic's Longterm Impact on our Office Buildings