June 16th, 2017 by
Posted in: National
Trends and Predictions for Industrial Real Estate from NAIOP I.CON ConferenceWayne Grohl
The CommercialSearch Source Last week, more than 600 attendees attended the NAIOP I.CON Conference to learn more about the trends that will be impacting industrial real estate. Topics included: the impact on possible changes in trade agreements, the development of supply chain management allowing for nearly instant delivery of products and the impact of cannabis legalization in many states. Key highlights from the panel discussions include:
- There is a major focus on the “last mile”, a term used in supply chain management to describe delivering products to your home.
- Last mile is giving new life to infill / older buildings.
- Location trumps all for last mile buildings and occupiers will pay premium rents for these buildings.
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