Adam Mullen
The process of choosing a location for a warehouse, fulfillment center or manufacturing site has gotten significantly more complex in recent years amid the rapid rise of e-commerce and strong competition for labor. CBRE posits that many companies aren’t using many of the tools needed to meet this challenge, nor fully weighing the tradeoffs they’ll need to make.
CBRE recently unveiled its Intelligent Site Selection service for advising users of warehouses and other industrial real estate on selecting new real estate locations. The service’s many facets indicate a lot about the myriad considerations that must be taken into account by e-commerce companies, manufacturers and distributors when designing and building their supply chain. Among them: cost and availability of labor; transportation costs; government incentives; construction costs and design; financing; and close proximity to large populations of customers.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
