If You Build it, Will They Come?
In the last five years, the burgeoning e-commerce world has increased demand for industrial warehouse exponentially. Today’s e-commerce user wants a bigger, taller and stronger warehouse than existing building stock, so how do speculative developers properly prepare to meet demand?
Learn the new requirements being baked into most new speculative warehouse projects to accommodate these new end-users. Taller ceiling heights, bigger building footprints, stronger slabs and foundations, ample automobile and trailer parking, and proximity to major logistics hubs and deep labor forces – how do all of these things affect building pricing, and how does that impact the ability of the spec developer to consummate a lease with a distribution user who may not understand the need for these additional improvements?
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- Lange Allen, Executive Director – U.S. Industrial/Logistics Development, USAA Real Estate Company
- Stan Conway, Executive Vice President, Majestic Realty Co.
- Kevin Turpin, President, The Conlan Company
- Jim Condon, Chief Development Officer, Seefried Industrial Properties, Inc.
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