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SAN FRANCISCO—Not all logistics real estate is created equal. Thus begins a white paper by Prologis on the need to redefine logistics real estate. "With a range of features and locations," it writes, "properties can have widely different purposes, yet current industry definitions seldom go farther than 'warehouse/distribution' and 'flex'."
The report defines five property types: last touch, city distribution, multi-market and gateway.
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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.
