How E-Commerce Is Changing the Face of Industrial Distribution Center Real Estate
The continuing rise in e-commerce retailing is transforming the landscape of industrial real estate development, as distribution center trends increasingly cater to the e-commerce sector.
Q4 / Fall 2013
There are a few usual suspects already succeeding in the e-commerce world, says JLL's Managing Director Rich Thompson. But they are not alone. "It's really exciting to see…all the other retailers are going through the same challenges and looking to develop an in-house e-commerce strategy." Indeed, a host of familiar retailers are taking note of successful e-commerce stories, one of which has experienced 3.3 percent store sales growth from 2011–12, while its web sales were up 20.3 percent over the same time period.
There are a few key ways in which retailers are adapting to this growing demand, from dedicated e-commerce strategy, to multi- or omni-channel strategies that involve a mix of traditional retail outlets and distribution center networks. And with e-commerce sales expected to nearly double in the next four years, it's no wonder big box retailers are working to stay relevant in today's market by updating their distribution center networks.
JLL's Managing Director Rich Thompson discusses the ways in which industrial distribution center real estate development is changing with the continuing expansion of e-commerce.
Project Announcements
Nestlé Health Science Expands Eau Claire, Wisconsin, Production Plant
01/26/2023
Milo's Tea Company Plans Plans Moore, South Carolina, Production Plant
01/25/2023
Liberation Labs Establishes Richmond, Indiana, Biomanufacturing Facility
01/25/2023
Biomerics Expands Monroe, Connecticut, Headquarters-Operations Campus
01/23/2023
Amazon Web Services Plans Virginia Data Center Campuses
01/23/2023
Kumho Tires Plans St. Mary Parish, Louisiana, Warehouse-Distribution Complex
01/23/2023
Most Read
-
2022 Top States for Doing Business Provide an Environment for Business Growth
Q3 2022
-
Three Big Challenges Facing the Food & Beverage Industry
Q4 2022
-
Location Factors in the EV Industry — “Mission Critical” or “Nice to Have”?
2022 Auto/Aero Site Guide
-
Innovation Corridors Update
Q4 2022
-
Food Processors’ Optimal Location Decision
Q4 2022
-
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Q1 2022
-
Fixing the Supply Chain with AI and Robotics
Q4 2022