Trying to Meet the Insatiable Demand for Industrial Space

As companies continue to try and stabilize after the disruptions of the last two years, industrial space is playing a key role in their response. 73% of all available space in the United States was booked in the first quarter of the year, indicating that the lack of space seen today will either continue or become more acute in the coming months – even as labor shortages persist and interest rates increase.Supply Chain Now’s Scott Luton was recently joined by three people with considerable expertise in this area. Matt McGregor is an Executive Vice President at Colliers International, Nick Pell is the Chief Investment Officer at Link Logistics, and Brandon Page is their Executive Vice President and Head of Leasing.They took this opportunity to discuss what they are seeing in the industrial space today and how a number of macro trends are likely to come into play:• Whether talk of reshoring is translating into action, and where in the country new construction is focused• What we can learn from labor analytics and how it affects the ROI on investments automation• Their projections for rental rates and optional deal lengthAdditional Links & Resources:Learn more about Supply Chain Now: https://supplychainnow.com/program/supply-chain-nowSubscribe to Supply Chain Now and all other Supply Chain Now programs: https://supplychainnow.com/subscribeLeveraging Logistics and Supply Chain for Ukraine: https://vectorgl.com/stand-with-ukraine/WEBINAR- How to Solve Three Common Peak Season Challenges: https://bit.ly/3r3QxelWEBINAR- The 10 Best Competencies of Best in Class Warehouses: https://bit.ly/3vh3MLd2022 Q1 U.S. Bank Freight Payment Index: https://bit.ly/3pwmWKCCheck out the 2022 Supply Chain and Procurement Awards: https://supplychainprocurementawards.com/This episode is hosted by Scott Luton. For additional information, please visit our dedicated show page at: https://supplychainnow.com/trying-meet-demand-industrial-space-893