As we've all become accustomed to being able to order practically anything online and have it delivered to homes, often within hours, another truth has emerged that has a bearing on the industrial real estate market and the supply chain: we can return these items too.
And that creates what is referred to in commercial real estate as reverse logistics.
It's hard to get a sense of how big the reverse logistics market is becoming, said Geoffrey Kasselman, SIOR, LEED AP, partner and senior vice president, workplace strategy, CRG, in a session at NAIOP's recent I.CON East: The Industrial Conference, held in Jersey City, New Jersey.
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