By John Morris
I am very pleased to provide our newly published Industrial Quarterly Report, just completed by our Industrial Research group. The work is impressive and its findings continue to demonstrate that growth in this asset class has been and are expected to remain strong. A number of macro and micro trends have contributed to the success in Industrial, notably rising consumer confidence coupled with a continued growth in eCommerce and the huge shift in retail spending to direct to consumer and omnichannel. The consumer demand for a variety of options (buy online, ship-to-store, same-day delivery, etc.) has a direct impact on logistics, warehousing and light industrial – our sweet spot.
The data noted in this Quarter’s report is actionable for both landlords and tenants – both sides of the coin will benefit from time spent reviewing our findings.
Cushman & Wakefield professionals are helping clients every day in making sensible decisions that have measurable long-term benefits. So what ARE we doing? Simply put, we are intentionally thinking like an owner or occupier. Yes, we assess opportunities with a lens on how it fits into our business strategy, but the reality is that we know – instinctively – that addressing client issues first IS the path to business success.
About John Morris
John Morris is the Leader of Cushman & Wakefield’s Logisitics & Industrial Services for the Americas. He is responsible for the Logistics and Industrial client business at Cushman & Wakefield, including oversight for the company’s more than 800 brokerage professionals in North and South America. He also oversees the industrial service line’s collaboration with Cushman & Wakefield’s other service lines, such as Global Occupier Services (GOS), Global Consulting, and Capital Markets. John assumed this position in 2013. He reports to C&W’s CEO of the East Region, Shawn Mobley, and sits on the company’s Global Management Committee. John is based in Rosemont, Illinois.