Industrial Real Estate’s Positive Prognosis

The COVID-19 pandemic is disrupting the supply chain and forcing many consumers to change the way they shop. But while these disruptions are creating economic strain, they also present huge opportunities for industrial real estate.  “The industrial market is one of the obvious winners in the current situation,” said Bert Sanders, vice chairman at Newmark Knight Frank. It’s easy to see why. Social distancing has changed the nature of how people buy goods because, in the absence of conventional retail, consumers are making the most of their purchases online. The “just in time inventory “supply-chain strategy is suffering under the strain of this expansion of e-commerce. As a result, the need for warehousing of additional inventory has grown. Additionally, retail locations that are temporarily closed will need additional storage for their excess inventory, creating short-term demand for temporary space.  Click to read more at www.cpexecutive.com.