As consumers demand faster deliveries, warehouse operators are making investments to keep up.
Already they're buying technologies like automated storage and retrieval systems. Soon, drones and autonomous vehicles will likely contribute to more efficient and responsive supply chains and greater productivity for industrial assets, according to a new report from NAIOP.
But logistics technology won't be the only innovative upgrades. According to report authors, Steve Weikal, lecturer, researcher and CRE Tech lead, MIT Real Estate Innovation Lab, and James Robert Scott, lead researcher, MIT Real Estate Innovation Lab, innovative approaches to distribution are driving the adoption of multistory warehouses and micro-distribution centers.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
