Typically, warehouses are expansive one level buildings surrounded by other warehouses, however, things are starting to change when it comes to warehouses. With different factors having an impact on the logistics industry, one interesting thing to look at from a commercial real estate perspective is the warehouses that are going vertical. In the current environment of constant change, this makes sense and here are some reasons why.
Electric vehicles are becoming more prevalent as Tesla and other car manufacturers continue to change the auto industry. Another industry this is impacting is the commercial real estate industry as owners of these vehicles need places to plug in, as opposed to stopping at gas stations to fuel up.
As the world becomes more connected through the internet of things and everything becomes “smart” it helps to bring more convenience to everyday lives but it can also lead to more avenues for outside parties to obtain personal information or perform cyber-attacks. When looking at smart buildings it is important to not only consider the security of the people who will be utilizing the building but also the security of the data that will now be stored within the building to help make it smart.
Going green has come into play in most everyone’s lives in one shape or form by now and is being embraced more frequently than it used to be. This is due to accessibility being increased to green products as well as the affordability of green products being improved upon. One of the major things to go green and help to build a greener future is building commercial real estate utilizing green products as well as techniques.
Flex space is typically for companies who are looking to have a warehouse and industrial space with manufacturing under one roof. The idea of flex space is to have multiple business needs and processes under one roof which can allow for a more efficient business flow but it may not be the right setup for every business.
Transit-oriented development or TOD is the development of transit hubs like train stations and airports into not only a place to go to travel but also a place to shop with retail locations coming into these transit hubs. As the traffic and congestion in these hubs comes in large numbers it only makes sense to put retail in the same place as most of these travelers are consumers as well.
There’s a Growing Problem with Reverse Supply Chain: Here’s Why
Recent years have seen a boost in repurposing projects for underutilized industrial properties around the country. This has positive effects on areas that had become urban “dead zones,” breathing new life into disused neighborhoods.
You’ve seen the signs. In most every city in the country, a new type of fitness facility has been cropping up offering specialized services. The boutique fitness concept is a major trend, and has an impact on the CRE market.
