“Roadmap for Change” is the second installation in SIOR’s Thought Leadership Series
Washington, DC (April 11, 2018) – The Society of Industrial and Office Realtors® (SIOR), which represents the world’s elite in industrial and office brokerage, in conjunction with The Industrial Asset Management Council (IAMC), announced today the release of “Roadmap for Change: The Flexible Distribution Facilities of the Future.” This is the fourth whitepaper that the organizations have produced in partnership as part of the DesignFlex2030 initiative. It is also the second installation of SIOR’s Thought Leadership Series.
“’Roadmap for Change’ is another great product of our ongoing partnership with IAMC,“ said Jim Hirt, CEO of SIOR. “This paper digs deep into the issues currently facing distribution and manufacturing centers—a major component of industrial real estate—as well as the trends and challenges that will impact this sector in the future. SIOR is dedicated to giving our members the resources they need to stay on the cutting edge of the industry and, as technology continues to rapidly advance and transform CRE, it has never been more important to stay informed.”
As technology saturates today’s market, emerging trends continue to challenge the commercial real estate industry to remain on top of constantly shifting practices. Global manufacturing centers see various areas of opportunity to grow alongside these innovations.
In “Roadmap for Change,” a team of engineers and architects with significant expertise in the manufacturing and industrial sector set out to explore and understand the massive changes in the distribution industry already underway. The whitepaper addresses the importance of facilities adopting business models that are customer-centric with moving parts working together to optimize shipping and delivery methods. It also delves into logistical implications of warehouse infrastructure, automation technologies, before concluding with an examination of how flexibility in design, practice and other elements play a role in facilities’ ability to anticipate unforeseen change and accommodate appropriately.
“We’re thrilled to be able to present these new distinctive designs for state-of-the-art distribution facilities to not only the SIOR members at the conference but also the public,” said Tate Godfrey, Executive Director, IAMC. “Maintaining a next-generation transportation infrastructure continues to be a top concern for companies, economic developers and real estate developers so we’re hoping this paper can shed some light on next steps in order to achieve that goal.”
“Roadmap for Change” will be presented during SIOR’s Spring World Conference taking place in Austin from April 10-14.
This paper is part of the DesignFlex2030 initiative, commissioned by IAMC and SIOR to explore new design approaches that could lead to more flexible, adaptable, and sustainable industrial facilities in the future. Other papers in this series include “Recipe for Change: the Flexible Food Processing Plant of the Future,” published in September 2015, and “Rx for Change: the Flexible Biopharmaceutical Facility of the Future,” published in March 2017.
SIOR represents the world’s most elite real estate professionals in industrial and office. They strive to not only be leaders in business, but also to inform and inspire leaders across our industry. In that pursuit, SIOR has created the Thought Leadership Series to apprise readers of the latest technological advances, current and projected trends, and solutions to the issues affecting businesses today. The Thought Leadership Series aims to educate and ensure the continued growth and evolution of Commercial Real Estate. The Series will feature collaborations with the best and brightest minds throughout CRE to produce thought-provoking and educational content, research, and topic briefs.
The Society of Industrial and Office Realtors ® (SIOR) is the leading society for industrial and office real estate professionals. Individuals who earn their SIOR designation adhere to the highest levels of accountability and ethical standards. Only the industry’s top professionals qualify for the SIOR designation. Today, there are more than 3,200 SIOR members in 685 cities in 36 countries. www.sior.com
The Industrial Assets Management Council ® (IAMC) is the leading association of industrial asset management and corporate real estate executives, their suppliers, service providers and economic developers.