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Session B1 - 11:05am
INDUSTRIAL DISRUPTION: HOW TECHNOLOGY IS TRANSFORMING THE WAY GOODS ARE SHIPPED, STORED & CONSUMED
Moderator:Peter Hurme, Editor, Cargo Logistics
Speakers:Paul Derksen, Associate Vice President, Black Watch Property Ltd.Chris Steele, Chief Operating Officer, Investment Consulting AssociatesDuncan Stewart, Director of Technology, Media and Telecommunications Research, Deloitte Canada
E-commerce• Not an Amazon phenomenon
• All retailers using e-commerce
• 50% of US distribution growth related to e-commerce
• Department stores downsizing
• Industrial is the new Retail
• Last mile – Class C assets in Class A locations
E-commerce• 25 to 27% site coverage
• 36’ allows for two mezz; 40’ allows for three mezz
• 8” slabs; customised grids; cross dock; extra trailer parking; higher employee parking
• Heavy power needed for mechanization/automation (4 x 3600 AMP min)
• High utility bills
• Air conditioned; natural light
• Most often built to suit
• 3PL’s in sweet spot – offer flexible space for multiple customers; alternative to a retailer managing their entire supply chain
REI Building• REI Building in Phoenix
• Phoenix market is 340 million SF; 9% vacant; 7% unemployment; (lots of development)
• Calgary market is 120 million SF; 7% vacant; 7% unemployment; (development on hold)
• Both City’s distribute to greater region and large growing population
Other items• AXIA
• LEED; WELL
• AT – Autonomous Trucks
• GPS Fork lifts
• Redundant/self power
Session B1 - 11:05am
INDUSTRIAL DISRUPTION: HOW TECHNOLOGY IS TRANSFORMING THE WAY GOODS ARE SHIPPED, STORED & CONSUMED
Moderator:Peter Hurme, Editor, Cargo Logistics
Speakers:Paul Derksen, Associate Vice President, Black Watch Property Ltd.Chris Steele, Chief Operating Officer, Investment Consulting AssociatesDuncan Stewart, Director of Technology, Media and Telecommunications Research, Deloitte Canada