Will O’Donnell, director of Prologis Ventures, at FreightWaves Future of Logistics Real Estate Summit

William O’Donnell, managing partner of Prologis Ventures, the venture capital arm of the logistics real estate trust Prologis, cited a jaw-dropping stat in a discussion with FreightWaves CEO Craig Fuller on Tuesday. 
According to a recent study, every 100 basis points in the shift of consumer spending from traditional retail to e-commerce equates to 46 million square feet in industrial space needs. 
With the uptick in online shopping showing no signs of abating, “there is a tailwind we are riding right now,” O’Donnell said.
O’Donnell and Fuller engaged in a conversation about the intersection between warehouse technology and industrial real estate during FreightWaves’ Future of Logistics Real Estate Summit. The discussion touched also on broader trends reshaping logistics, including e-commerce, COVID-19 and the fundamentally social nature of human beings.
 
Watch
SUBSCRIBE ON YOUTBE: http://bit.ly/FW-subscribe
Follow Us!
Twitter: https://twitter.com/freightwaves
Facebook: https://www.facebook.com/FreightWaves/
LinkedIn: https://www.linkedin.com/company/freightwaves/
Instagram: https://www.instagram.com/freightwaves/
 

Learn more about your ad choices. Visit megaphone.fm/adchoices