The onset of the coronavirus wreaked havoc on company supply-chains across the country, a fact that will likely benefit industrial real estate owners in the long-run. “Supply chains are going from just-in-time strategies to just-in-case strategies,” said Prologis CEO Hamid Moghadam, at a Wednesday webinar hosted by NYU’s Schack Institute of Real Estate. “Bottom line, I wouldn’t be surprised if after this people will carry 5 or 10 percent more inventory than before this, regardless
source https://therealdeal.com/2020/07/30/prologis-ceo-capital-is-not-an-issue-its-finding-properties/
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