E-Commerce and How it Will Change Industrial Real Estate
The global consumer shift toward electronic-commerce (e-commerce), mobile device supported commerce (m-commerce), and social media supported commerce (s-commerce) is changing how the retail and warehouse industries operate. This trend affects every aspect of the industry, including the physical location of warehouses, distribution centers and retail stores. The traditional “storefront” is being pushed out and replaced with Internet sales which will account for over 30% of the total sold in the USA in less than 15 years. This findings were the focus of The New Borderless Marketplace – Repositioning Retail and Warehouse Properties for Tomorrow research report that was recently issued by the NAIOP Research Foundation and the International Council of Shopping Centers (ICSC).This session discusses the report, provides you with a broad view of the new and growing logistics sector, and presents the new supply chain decisions, building types and site selection parameters necessary to support the future explosive growth of this sector.
View the session PowerPoint.
- Curtis Spencer, President, IMS Worldwide
- Scott Belfer, Leader of the E-Commerce Specialty Practice Group, Senior Vice President, CBRE Inc.
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