RealEstateRama   -   Site   -   in News   -   in Media   -   in Social   -   Web
CBRE report examines emerging trend of retail to industrial/logistics space conversion

CBRE report examines emerging trend of retail to industrial/logistics space conversion

Slowly but surely, a conversion from vacant retail properties to industrial retail space appears to be under way. That is the word from Los Angeles-based industrial real estate firm CBRE.

Supply Chain Management Review

In a report, entitled “Trading Places: Retail Properties Converted to Industrial Use,” which was published this week, CBRE explained the main driver for this is due largely to shifting consumer preferences for e-commerce and in-store omnichannel platforms.

More info at Supply Chain Management Review:
CBRE report examines emerging trend of retail to industrial/logistics space conversion

SHARE
CBRE

CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.

Contact:

Nadja Brandt
Corporate Communications, Pacific Southwest

+1 213 6133627