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Warehouse Space Is in Demand: What About Golf Courses?

Of course, the problem with warehouses is that they're big -- you can't just squeeze them into a vacant corner of a shopping center and call it a day. The demand for warehouses or distribution centers of 200,000 square feet or more hit a record in North America last year, according to commercial real estate services firm CBRE (NYSE: CBRE). Recently, Amazon (NASDAQ: AMZN) decided to build a $350 million distribution center on a closed golf course in Clay, New York.