The on-demand lifestyle is here to stay and now that includes food. Farm to fridge, dark kitchens and micro-fulfillment centers have sprung up. As such, industrial assets and retail space are being designed differently to help meet this need. But the big question remains. Is the supply keeping up with the demand?
Panelists during a breakout session during the 2020 CREW Network Convention tackled that question and looked closed at how retailers are making significant investments in their physical distribution infrastructure.
Low vacancy rates are pushing demand beyond primary cities and into secondary and tertiary markets explained panelists. "While Covid has been devastating globally it has been a boom for the industrial market," said Mindy Lissner, EVP of CBRE Inc.
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