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E-Commerce boom has West Valley poised for jobs

Immense growth in the e-commerce industry should spell success for local municipalities that have attractive resources to lure in new businesses.

This week, CBRE Econometric Advisors released a report the e-commerce industry is expected to grow to 26% of “all retail sales by 2025” and that the U.S. will “need an additional 330 million square feet of distribution space “just to handle the increase in online ordering” in that time period, the report said.

According to the report, the broader category of industrial real estate includes warehouses for traditional retail distribution, manufacturing, retail and distribution space and data centers.

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