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Brian discussed the impact of 2020’s expanded e-commerce business and the overall outlook for industrial real estate, intermodal freight transport, and inland hubs like CenterPoint Intermodal Center – Joliet/Elwood.
Alessandra Barrett, Senior Content Editor from The Journal of Commerce: “What are the aspects of the [industrial real estate] business that have stayed the most stable over the last year?”
Brian: “When CenterPoint looks at warehousing within a co-location strategy adjacent to a port or intermodal, we feel that dynamic is only going to get stronger. We haven’t seen a decrease in manufacturing from China. I think there’s still going to be a shift where pharma and some essential items are produced, and how they’re manufactured and transported. For those reasons, we feel intermodal warehousing demand will continue to be strong.”
About CenterPoint Properties
CenterPoint is an industrial real estate company made up of dedicated thinkers, innovators and leaders with the creativity and know-how to tackle the industry’s toughest challenges. And it’s those kinds of problems — the delicate, the complex, the seemingly impossible — that we relish most. Because with an agile team, substantial access to capital and industry-leading expertise, those are exactly the kinds of problems we’re built to solve. For more information on CenterPoint Properties, follow us on LinkedIn. For all media inquiries, including requests for interviews with CenterPoint executives, please contact media@centerpoint.com or 630.586.8285.
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