By Bethany Clark
Those who follow commercial real estate have undoubtedly seen the headlines about the strength of the industrial sector. There’s no shortage of commentary celebrating the industrial boom, and rightfully so.
I recently recapped the trends impacting our market and contributing to its growth in an article for BOMA Magazine.
As you may have guessed, eCommerce is a key driver. More and more warehouses and distribution centers are growing bigger, better, and taller to account for changing consumer preferences and an increased demand for operationally efficient space. We’re also seeing new types of industrial buildings enter into the mix. Cold storage facilities, depots, and sortation hubs should be on your industrial radar if they aren’t already.
Some are saying that this boom has sparked a new type of industrial revolution, and Cushman & Wakefield has a piece of advice for companies looking to succeed amidst all of the activity: stay nimble and prioritize a real estate and supply chain strategy that differentiates your business in a crowded and changing market.
Read my full contribution to BOMA on pages 28-30 here.
Bethany Clark is the Managing Director of Strategy & Operations for Cushman & Wakefield’s Logistics & Industrial Services group for the Americas. She provides strategic and operational oversight for the Industrial service line at C&W, supporting the performance of the company’s nearly 840 brokerage professionals in the U.S., Canada and Mexico. Ms. Clark partners closely with C&W Marketing, Research, Consulting and other professionals to provide Industrial Brokers with supply chain insights, business development support, thought leadership and research publications, and other client support tools.