Jeff Milanaik Weighs in on COVID-19's Impact on Industrial Real Estate

“The pandemic expedited e-commerce’s already rapid growth. As a result, we’re seeing consistently higher demand for industrial facilities than almost ever before. The sector is now shifting more toward onshoring, and we’re accommodating requests for increased vehicle and delivery truck parking to meet rising last-mile delivery demands. COVID-19 also will affect the design of our industrial developments — we’re separating different core components within warehousing spaces, reducing density and accommodating social distancing guidelines in the process. We could also begin to see more contactless doors being installed, as well as upgraded air filtration systems.”

//roi-nj.com