Flexibility And Reconfiguration: Keys To Growth For Industrial Real Estate

Overview: The article states that as the global economy continues to struggle, the real estate community is faced with new challenges that it has not faced for years. To deal with such conditions, the willingness and ability to adapt to customer needs and provide unprecedented flexibility have become critical for attracting and retaining occupants. In this post September 11th economy, the industrial real estate industry has not escaped the realities of today’s climate. The storage and movement of goods faces new challenges, as the global supply chain must address both new security concerns and the new strain placed on distribution companies by the economy. It is no longer good enough to pick a facility or a provider for cost or convenience factors alone. Since it’s become nearly impossible to predict the health and future direction of the economy, and since the efficient movement of products and all supply chain operations have remained a vital part of any company’s bottom line, many distributors will be forced into making a decision on expansion - or the more likely scenario - a reconfiguration of property locations.

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Format: PDF | Size: 109KB | Date: Jan 2002 | Pages: 3