NEW YORK CITY—Last-mile warehouse buildings are globally the number-one desired product type due to the stability associated with industrial assets, according to a recent GlobeSt.com interview with Colliers International in Irvine, CA.
In today's Q&A, Cole Schotz real estate practice member Michael E. Jones brings the conversation to New York, with practical tips for anyone interested in these assets.
GlobeSt.com: We know last mile warehouses are a popular asset class. But what are the challenges with such projects?
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Betsy Kim
Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
