Course Summation
Prior to the 18th century industrial invention boom, goods and materials were made and produced primarily by hand with the assistance of animal labor (e.g., horses and mules). These goods and materials were mostly sold locally and stored in a just-in-time or brief occupancy manner to prevent spoilage. Long distance transport of large amounts of perishable goods and materials in wagons powered by horse(s)and mule(s) was not economically feasible. This all changed as innovators started to address issues and create improvements in the way that goods and materials were produced, stored, and transported which ultimately lead to modern warehousing, manufacturing, and logistics relevant to that time in history.
Today, industrial real estate continues to have much to offer and should not be ignored as an indispensable facilitator of worldwide commerce and a strong durable, income-producing asset group.
Industrial real estate makes the global economy bustle. Strategically placed, high-efficiency, expertly managed and organized industrial real estate operations preserve the functionality of the world’s supply chains, trade, and e-commerce.
Even in periods of economic uncertainty, downturns or crisis, industrial real estate tends to endure and remain stable resulting in reliable cash flow and steady investment growth. Industrial real estate, while not the most glamorous sector of the real estate industry, has proven itself to be the sturdiest and holds great promise for continued innovation as society progresses.