Development

Fresh Approaches to E-grocery Logistics

File Type: Conference session
Event: CRE.Insights: The Last Mile, March 5-6, 2018, in Seattle
Release Date: March 2018
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Kenney, Powers, Roe, Last Mile 18

Session audio recordings sponsored by Majestic Realty Co.

As America becomes increasingly consumer-centric – and consumers demand near instant delivery of goods to their doors – online grocery sales have continued to rise in popularity. According to research from Nielsen, online grocery sales reached $20.5 billion in 2016 and are expected to increase to $103.3 billion in 2025, making up 20 percent of total grocery retail sales. Examine how industrial real estate is tackling the logistical obstacles of delivering fresh and consumable products to consumers efficiently and reliably.

Speakers:
Darren Kenney, Vice President, Investment Officer, Prologis
Matt Powers, Executive Vice President, JLL
Michael Roe, Account Executive, DMW&H

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