GlobeSt.com: In statements announcing the new strategy, there was a lot of talk about logistics customers. Is AMB a latecomer to that market?
Mercer: Not at all. In fact, AMB is a leader in that area. We're not limited to logistics users. While our primary focus has been high-throughput distribution facilities, which are typically located near airports, we're now working with all types of distribution users. The new emphasis is on build-to-suits.
What's happening currently is that there's an abundance of unused space in most markets, which reduces the number of build-to-suits.
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John Salustri
John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
