Industrial facilities in North America: These will benefit from supply chain disruptions and low inventory levels, Hazelview says. The e-commerce boom that has been accelerated by the pandemic has led to strong demand for industrial space. Plus, inflation has resulted in higher transportation and wage costs. This is causing tenants to move quickly to secure “last mile” space to deliver goods to their customers. Also, a replenishment of inventory as the global economy recovers from the supply chain crisis in the next two to three years will increase demand for space by upward of 550 million square feet.