E-commerce is changing the landscape of commercial real estate. As online retail giants experiment with new ways to improve the customer experience, demand for manufacturing space and warehouses is higher than ever. A booming e-commerce industry has piqued the interest of real estate investors, and the development of industrial facilities across the U.S. continues to grow. To maintain an effective operation, the people who own and manage these facilities employ several maintenance workers to service the space. But many have struggled to stay on budget and stick to a timeline due to safety hazards or unforeseen circumstances. These setbacks can slow production, negatively impacting a manufacturing company’s bottom line......more RSK: Hmm wondering how e commerce really affects this. What I read between the lines is owners of buildings are taking over much of the common are expenses and simplifying leases. | ||
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