"Bisnow/Allen Matkins LA Industrial and State of the Ports - " Jon DeCesare

Supply chain guru Jon DeCesare, president of World Class Logistics Consulting, notes that the Port of LA/Long Beach is significantly bigger than anyone else in North America, with close to $1B coming through per day. With a combined infrastructure investment of more than $6B, the Ports will be pushing more product off the docks quicker than ever before, which means more demand for warehouses and yard space. During the recession, corporate America began to focus on supply chain issues. Although execs tend to commoditize warehouses, See more +
Supply chain guru Jon DeCesare, president of World Class Logistics Consulting, notes that the Port of LA/Long Beach is significantly bigger than anyone else in North America, with close to $1B coming through per day. With a combined infrastructure investment of more than $6B, the Ports will be pushing more product off the docks quicker than ever before, which means more demand for warehouses and yard space. During the recession, corporate America began to focus on supply chain issues. Although execs tend to commoditize warehouses, industrial developers who understand their sites’ strengths and challenges from a user standpoint will have an advantage. By introducing a logistics story about the building, “it adds value to the proposition and it somewhat takes that [focus on] price only off the table.” See less -

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Published In: Business Organization Updates, Commercial Real Estate Updates

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