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I was honored to be interviewed during the recent RIAOC meeting. My thanks to Lew Elliott, Mel Wagstaff, and Nick Lieberman for the kind invitation. All are avid readers of this column, BTW. If you’re unfamiliar with the organization - here’s a brief history:
https://drive.google.com/drive/folders/1vm61kSzNi0dKISuE3Es_8OkUNAJTVcnA?usp=sharing
How will the Green movement affect industrial real estate? Industrial real estate comes in two main flavors - manufacturing and logistics spaces. The former is used to make and ship things - the latter to stage, store, and ship. In both genres, raw materials or finished goods must arrive and finished merchandise must leave. Trucks do this. Anything that causes a disruption in trucking creates a kink. Regulations such as the Bus and Truck law, AB-5, or all electric vehicles by 2030…yeah, you get the idea.
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