Industrial Developers in a Sweet Spot


Book your reservations and head to Atlanta for RealShare INDUSTRIAL! Join peers from across the country for networking at the College Football Hall of Fame and get the latest market intelligence. Nov 3-4.

The need for new fulfillment centers like this one in KY will keep developers busy

CHICAGO—E-commerce and its likely impacts on the industry was on the minds of many at BMO Capital Markets’ 10th Annual North American Real Estate Conference, held Monday and yesterday in Chicago. But the overall mood was one of optimism. As reported in, even bricks-and-mortar retailers were upbeat, saying that the ability to buy products online was, besides convenient, another way for consumers and outlet stores to connect. And industrial developers were also buoyant about the possibilities provided by e-commerce.

Speaking at a Monday afternoon session on the future of warehousing and about some of his company’s latest projects, Marshall Loeb, president and chief operating officer of EastGroup Properties said “almost every tenant has some component of e-commerce in their space.” And the need for distribution facilities should continue to grow, as companies like Amazon are going to complement their massive distribution centers with smaller fulfillment facilities located closer and closer to urban cores to handle those last few miles of delivery…

Industrial Developers in a Sweet Spot

Categories : Uncategorized

Leave a Reply

You must be logged in to post a comment.