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BD+C ''s roundup of the top construction market news for the week of August 18 includes the latest architecture billings index from AIA and a BOMA study on the nation''s most and least expensive commercial real estate markets.
For example, brick-and-mortar retail stores decentralized their inventories by switching from warehousing to a more diversified approach for in-store storage. Decentralization, especially for national chains, keeps stock closer for buyers, reduces shipping distances, and subsequently, costs.
The buildings are generally used for showrooms or stores, housing shops, where display and sale, the wholesale goods, merchandise is carried out or retail goods are called mercantile buildings. According to the Building Owners and Managers Association (BOMA), there are three classifications a building can be given. Mercantile Building.
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