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Episode 289: Technology Changing Traditional Concepts of Industrial Real Estate
As technological innovation results in more efficient supply chain distribution, changes are also occurring in traditional concepts of industrial real estate and where it should be located, says Steve Weikal, lecturer, researcher, and the CRE Tech lead in the MIT Real Estate Innovation Lab.
“Certainly what the industry thinks of as industrial real estate, or warehouse distribution real estate, has changed and will continue to change,” Weikal said on the REIT Report podcast.
“If we are able to use technology to provide distribution more efficiently, more effectively, and in smaller spaces…
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