If the pandemic taught industrial logistics real estate investors anything it was that the "just-in-time" way of managing inventory—only keeping two weeks to 30 days of supply—is a failed strategy.
For that and other reasons, BBX Industrial has re-engaged with the logistics industrial sector where it will begin exploring mid-market assets in Florida.
The Fort Lauderdale-based company has named Mark G. Levy to serve as its president. Levy is a seasoned veteran of the commercial real estate industry with more than 28 years of experience in senior executive leadership positions with a diverse array of public and private real estate companies.
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