Search
 

How Last-Mile Delivery is Affecting SoCal Industrial Builds

SOUTHERN CALIFORNIA—The race toward fulfilling the last-mile delivery of goods has been one of the most significant factors contributing to the tight industrial real estate market we see today, one Voit broker tells GlobeSt.com in this EXCLUSIVE story.

By Carrie Rossenfeld | Voit Real Estate Services | Updated on August 02, 2016

Loren Cargile, Voit Cargile: “While a large DC in an infill market might be ideal for a last-mile distributor, the limited number of available big-box buildings could require this group to establish multiple regional DCs that are smaller in footprint to serve their consumer base.”

SOUTHERN CALIFORNIA—The race toward fulfilling the last-mile delivery of goods has been one of the most significant factors contributing to the tight industrial real estate market we see today, Greg Marx, an associate with Voit Real Estate Services in San Diego, tells GlobeSt.com. With such a strong focus on the delivery of product to consumers as fast as humanly possible, we spoke exclusively with three of Voit’s Southern California-based brokers—Marx; Loren Cargile, an associate in the Anaheim and Irvine offices, and Ryan Miller, a senior associate in the Ontario office—about this new focus and what it means for industrial development in the region.

GlobeSt.com: How is the race toward fulfilling last-mile delivery affecting the location and size of industrial space being built in Southern California?

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.