Take the first step towards building real wealth by signing up for our comprehensive guide to real estate investing.
Magnified e-commerce trends due to the pandemic have put a strain on the global supply chain. On-demand warehouse space start-up FLEXE has raised $80 million over the last several months to help retailers meet their volatile delivery needs.
More on FLEXE
FLEXE offers on-demand flexible warehousing space to leading retailers like Walmart (NYSE: WMT) and Staples. The company is calling its offering “warehousing-as-a-service.” Instead of getting tied into long-term leases, retailers can use FLEXE’s marketplace to find warehousing space when they need it.
The company just received an investment of $10 million after rounding up $70 million in December due to the speed at which they’re growing.
What will this mean for warehousing and logistics real estate investors? One would imagine that this type of marketplace option is great to fill the slack warehouse landlords have. But what will this mean in the long term? Will some warehouses be underwritten to have fully flexible lease offerings in the future?
The Millionacres bottom line
First, there were short-term rentals with Airbnb (NASDAQ: ABNB). Then co-working hit offices. Now short-term leases have hit the industrial real estate vertical. If you’re investing in industrial real estate investment trusts (REITs), it’s important to take note of this trend.
Unfair Advantages: How Real Estate Became a Billionaire Factory
You probably know that real estate has long been the playground for the rich and well connected, and that according to recently published data it’s also been the best performing investment in modern history. And with a set of unfair advantages that are completely unheard of with other investments, it’s no surprise why.
But those barriers have come crashing down - and now it’s possible to build REAL wealth through real estate at a fraction of what it used to cost, meaning the unfair advantages are now available to individuals like you.
To get started, we’ve assembled a comprehensive guide that outlines everything you need to know about investing in real estate - and have made it available for FREE today. Simply click here to learn more and access your complimentary copy.