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Warehouses Are Now Worth More Than Offices, Thanks to Amazon

  • Demand for ‘big box’ properties surges in age of e-commerce
  • Even for urban office space, values are neck and neck
Amazon.com Inc. Storage Facility Tour
Photographer: Martin Leissl/Bloomberg

While China slams the brakes on buying trophy properties and the retail apocalypse draws nigh, something less sexy but striking is going on in real estate.

Warehouses are now worth more than office buildings.