As the commercial real estate sector navigates through a period of transformation, Taurus Investment Holdings is strategically focusing on shallow bay industrial properties—compact warehouses that play a critical role in last-mile distribution. These multi-tenant, smaller industrial facilities are becoming increasingly valuable for urban logistics, offering strategic advantages such as proximity to population centers and flexible tenant arrangements.
Most importantly, the shallow bay space has continued to outperform the rest of the industrial space in property managers' view, according to Peter Merrigan, CEO and managing partner at Taurus.
"The vendors and tenants that need to be in those spaces are to be close to the population base," he told GlobeSt.
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