Step by Step: Prologis on the normalization of industrial real estate
The Weekly Take from CBRE
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Evolving Trends in Industrial Real Estate and Labor Availability
This chapter delves into the challenges faced in industrial real estate due to labor scarcity, particularly in the context of e-commerce growth and the impact on distribution facilities' location selection. The focus is on Prologis' initiatives to assess labor availability and address shortages through community workforce programs. Additionally, it explores the shifting trends in real estate, including repurposing office and retail spaces, regulatory considerations for logistics facilities, importance of building characteristics, and the rise of mobile and modular automation technology in logistics operations.
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