By Careena Dudic
The Globalization of E-commerce
It’s thrilling, and perhaps intimidating, to think how fast our daily lives are changing because of online shopping, mobile commerce, urbanization and SEO/social media marketing. But how are these trends influencing logistics and industrial real estate?
E-commerce growth is an important driver of demand for logistics real estate, because fulfillment centers that deliver product directly to consumers are surpassing the number of traditional retail distribution to stores. These occupiers have consolidated into logistics facilities for many activities related to fulfillment that were once carried out within storerooms resulting in the need for more space for electronic fulfillment than for traditional distribution activities.
Discover the growth that lies ahead for e-commerce and logistics-related real estate within the article from Cushman & Wakefield’s latest publication, The Occupier Edge .
See John Morris, Head of Logistics & Industrial Services discuss the impact of mobile commerce here.