On today’s show we’re taking a closer look at what’s happening in the world of industrial. This is a summary of the findings from some new industry reports on the topic.
The growth in e-commerce is fueling the demand for more industrial and more warehouse space across the nation. Chicago Houston and Dallas account for nearly half the new additional 310 million square feet of space in the past 4 quarters.
The major transportation hubs have already attracted a lot of investment in industrial space. The opportunity lies in three main areas in my opinion.
1) There is opportunity in secondary markets that have largely been overlooked.
2) There is opportunity in specialty space such as refrigerated warehouse space. This is to give perishable products in the supply chain more flexibility to optimize their business operations in less expensive space than retail space.
3) Sale leaseback deals for both manufacturing space and logistics space for medium sized manufacturers.
Host: Victor Menasce