There’s a race for industrial space in the Triangle – that’s next WRAL TechWire LinkedIn Live topic

Editor’s Note: The “Future of Work” is a WRAL TechWire series, supported by commercial real estate firm JLL and other partners. Last week, the series looked at what’s happening in the Triangle’s economy. The first report is here, and the second piece is here. Then, the series explored the relationship between work spaces, work places, and the current labor market. Last week, the Future of Work series took an in-depth look at the demand for land, which has increased in the Triangle and can now be described as “insatiable,” while developers look to shore up their land positions. The series continues this week and includes a LinkedIn Live broadcast on Tuesday, May 10, at 11 a.m.

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RALEIGH – A critical part of the commercial real estate process for companies is getting the space that fits the need, precisely when the space is needed.

That’s according to Al Williams, senior vice president, industrial, at the commercial real estate firm JLL.

And that can be quite a challenge in today’s climate, as demand for industrial space remains high, bolstered by the ongoing consumer adoption of conducting retail shopping through e-commerce platforms.

Accelerated during the prior two years following the onset of the COVID-19 pandemic, this race for industrial space was the subject of a recent report from JLL, authored by Mehtab Randhawa, a senior director of industrial research at JLL.

Randhawa and Williams will join WRAL TechWire reporter Jason Parker on LinkedIn Live tomorrow, Tuesday, May 10, at 11 a.m. to discuss the trends that have led to heightened competition within the industrial sector of the Triangle’s commercial real estate market.

We’ll discuss how supply chain concerns, migratory patterns, and consumer behavior are changing the landscape. Join us!