In a sponsored report published in the September issue of Institutional Real Estate Americas, Larissa Belova, head, CIO and lead portfolio manager of UBS’ Real Estate US, and Frances Osei-Bonsu, research economist in the real estate research and strategy team of Real Estate US, delineate the economic, technological, political and infrastructural forces that have transformed and differentiated demand in the industrial sector, making the case that assessing logistics assets today requires an investment manager with a thorough, specific, and technical understanding of the market that goes far beyond “location, location, location.”
“Determining whether an older asset can remain competitive requires a thorough understanding of local market dynamics, tenant requirements and supply constraints …. success in industrial real estate will require a broader perspective than location alone. Evaluating power availability, building functionality, labor access, infrastruct
