GLP Global Footprint and Financial Highlights
% of Total Stock
United States: Favorable Market
Dynamics Expected to Continue
GLP
Trade, output and employment levels are all growing, generating rising demand for industrial real
estate, highlighted by 5 consecutive years of positive absorption. Despite the unprecedented growth,
the room for e-commerce opportunities remains vast. Supply remains well-below historical levels: the
supply level in 2015 satisfied less than two-thirds of demand
2.5%
Strong Demand Outpacing Supply
Significant Growth in E-Commerce Activity
Annual E-Commerce Retail Sales ($ billions)
2.0%
1.5%
1.0%
0.5%
400
341
350
297
300
7-year CAGR: 13%
260
250
229
199
200
169
142
145
150
100
50
0.0%
2011
2012
2013
2014
2015
0
■Completions ■Net Absorption
2008 2009 2010 2011
2012
2013 2014 2015
Source: CBRE-EA, 2016
Source: US Census Bureau, 2016
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