Real Estate and Logistical Trends
From 2000 to 2007, the growth in Import TEU volumes into the USA grew a compounded 10% per year, while the US GDP grew a compounded 3% per year in the same term. This onslaught of imported consumer goods created logjams in our busiest ports, and fostered supply chain routing that broke all of the previous “molds” in terms of creative port diversion strategies.
In addition, the year 2000 brought a paradigm shift into the world of FTZ’s. No longer would manufacturing zones be the predominant growth model. With Weekly Entry approved for all zone operations, the large DC (distribution center) became the new growth type of FTZ use and user. Third Party Logistics providers (3PLs) became the countries largest concentrated operators and users of FTZ programs and some have national FTZ solution divisions. The largest real estate developers in the country began embracing the FTZ concept in 2002 and since then, the rise in GP site designation, in terms of millions of square feet designated has double in four years nationally! All of the largest 20 REIT’s and private “big-box” developers in the USA are participating in one or more FTZ projects and they are getting tenants with the designation; millions of feet in LA, 3.6 Million feet in Chicago, more millions of feet in Houston, Savannah, New Jersey, and the list goes on.
IMSW is at the center of this change in Port- Inland Port growth and FTZ development, and is in fact the leading supplier of FTZ services to the real estate community. However, FTZ services is not the only niche that has developed over these 29 years of continuing service in the logistics industry:
• IMSW now offers strategic development assistance to REIT’s, developers, and industrial parks across the country, especially in emerging market locations where we know that the transportation infrastructure is coming.
• We don’t guess, we know. That is the key difference between our strategic development and logistics consulting service to Real Estate interests and all other competitors. Due to our standing in the industry, we have real-time access to the goals and objectives of the ocean carriers, terminal operators, railroads, and trucking industry giants who make their investment plans years in advance. The smart money in Real Estate wants to know exactly where those new developments are going in, because adjacent to them is where the “Vertical Development” goes!
In addition, we are completely independent. Therefore, we recommend locations based on your organization’s overall strategic logistics plan. We do not provide any direction or promotion of locations that would prejudice one site over another. Instead our focus is on helping you maintain a logistical strategic approach that will help you identify markets that are positioned for growth based on trends within the international trade and global logistics industry.
Please click here for a list of Developer References
Please click here for a list Strategic Development Projects that IMSW has completed
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