SVN® International Corp. presents Future of Warehouse, a report prepared by Director of Research, Cameron Williams.
The industrial real estate sector is undergoing significant transformations, fueled by the exponential growth of online retail and the rise of direct-to-consumer brands. With online purchases projected to make up a quarter of total retail by 2025, there’s a burgeoning demand for expedited shipping, pushing the need for shared logistics facilities and smaller warehouses.
Simultaneously, the sector is witnessing a surge in rooftop solar integration driven by financial incentives and technological advancements, with companies like Prologis leading the charge towards sustainable energy production. Automation, particularly through AI and robotics, is revolutionizing warehouse operations, boosting efficiency, and reducing liabilities associated with human labor. From multi-level warehouses in city centers to drones facilitating deliveries, these innovations are reshaping the industrial landscape and setting the stage for a more efficient and sustainable future.
Dive into the advantages and challenges that lie ahead by clicking below!