An interesting perspective from this tragedy is the impact to some of my clients who tell me that rising fuel costs coupled with the rising costs of delivering their product or service to customers after Aug. 1 has materially hurt their bottom line.
In contrast to retail real estate where the client's locations are the destination, for a few of my corporate real estate clients, their locations are the origination. If a part of your business is in supply, transportation and logistics, a disaster like the I-35W bridge collapse can indeed take a huge toll on you profits due to increased transportation costs.
Well, the more I thought about this, the more I realized that a few of my clients in locations outside the state may well be dealing with a disaster on the scale of the I-35W tragedy on a daily basis. Are you? Consider this hypothetical but not unrealistic scenario:
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