Is Industrial Buffered From Technology?

Rene Ramos

Technology is at the forefront of every developer’s mind. From the potential of a future with driverless cars to smart-home technology and fiber infrastructure, developers are challenged to keep up with the changes and deliver relevant product. That is, most developers. Industrial developers, on the other hand, are much less concerned with technology changes—adding yet another benefit to the booming market.

The industrial market is buffered, chiefly, because industrial product doesn’t pander to consumers. “I don’t think that technology will affect the industrial market,” Rene Ramos of Coldwell Banker Commercial, tells GlobeSt.com. “The industrial market is a little different because you aren’t trying to attract people to a warehouse. There is a buffer because warehouses don’t service customers. Some things can’t be replaced, and I think warehouses will always need workers and trucks. Today, Warehouses are still your typical concrete tilt-up, high ceilinged facility with at least one dock, and that is it.”