Tim O'Rourke | Source | Senior Managing Director at JLL
Tim O'Rourke
Market leading industrial real estate advisor who integrates subject matter expertise in Supply Chain Analytics (Network Strategy, Inventory Optimization, Transportation Cost Reduction, Location-Site Selection, Logistics Outsourcing, Workforce Metrics) with proven implementation services(Business and Economic Incentives, Capital Markets Solutions, Real Estate Advisory, Design and Construction Project Management) to provide optimal, client-specific solutions to business and operational challenges - often leading to savings in excess of 12% of total cost.
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JLL
Senior Managing Director
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Developers flock to cold storage spaces
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Covid Drives Demand for Cold Storage Facilities | Los Angeles Business Journal
Refrigerated storage facilities are in high demand. Read about the existing properties changing hands in L.A. County and how ecommerce is driving up demand for more to be built.
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Southern California benefits from all three of these. We have the largest ports in the U.S. We have over 22 million people in Southern California, and we have the great Central Valley, which is one of the No. 1 agriculture producers.
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Traditionally, people shied away from it because it was capital intensive. Supply and demand are very tight in this industry and always have been. Overnight, it went up 40% in terms of demand.
