ATLANTA—Cities and states that hope to attract E-commerce fulfillment center development had better come armed with a laundry list of assets to attract online retailers. These include access to a large labor pool, proper infrastructure, proximity to trucking hubs, incentives and no taxes on e-commerce. These were some of the issues discussed by commercial real estate developers during a session debating the “Investor’s Guide to the E-Commerce Galaxy” at NAIOP’s E.CON.
Panelists agreed that e-commerce is having a transformational effect on real estate. The said e-commerce centers generally cost more to construct, and it can be challenging to build a facility specifically for e-commerce.