Exclusive Changing Distribution Models Impact Industrial Sector
LOS ANGELES-A lot is changing in commercial real estate's industrial sector. Owners are adapting to what is now an "e-commerce model," says Mike McCrary, executive vice president at Jones Lang LaSalle.
He also spoke about, among other things:
- Impacts of more industrial competition from the Midwest.
- How buildings are being modified to meet new distribution needs.
- The flight to higher quality industrial assets.