session b1 - 11:05am industrial disruption: how … · 2016-10-26  · session b1 - 11:05am...

Session B1 - 11:05am

INDUSTRIAL DISRUPTION: HOW TECHNOLOGY IS TRANSFORMING THE WAY GOODS ARE SHIPPED, STORED & CONSUMED

Moderator:Peter Hurme, Editor, Cargo Logistics

Speakers:Paul Derksen, Associate Vice President, Black Watch Property Ltd.Chris Steele, Chief Operating Officer, Investment Consulting AssociatesDuncan Stewart, Director of Technology, Media and Telecommunications Research, Deloitte Canada

E-commerce• Not an Amazon phenomenon

• All retailers using e-commerce

• 50% of US distribution growth related to e-commerce

• Department stores downsizing

• Industrial is the new Retail

• Last mile – Class C assets in Class A locations

E-commerce• 25 to 27% site coverage

• 36’ allows for two mezz; 40’ allows for three mezz

• 8” slabs; customised grids; cross dock; extra trailer parking; higher employee parking

• Heavy power needed for mechanization/automation (4 x 3600 AMP min)

• High utility bills

• Air conditioned; natural light

• Most often built to suit

• 3PL’s in sweet spot – offer flexible space for multiple customers; alternative to a retailer managing their entire supply chain

REI Building• REI Building in Phoenix

• Phoenix market is 340 million SF; 9% vacant; 7% unemployment; (lots of development)

• Calgary market is 120 million SF; 7% vacant; 7% unemployment; (development on hold)

• Both City’s distribute to greater region and large growing population

Other items• AXIA

• LEED; WELL

• AT – Autonomous Trucks

• GPS Fork lifts

• Redundant/self power

Session B1 - 11:05am

INDUSTRIAL DISRUPTION: HOW TECHNOLOGY IS TRANSFORMING THE WAY GOODS ARE SHIPPED, STORED & CONSUMED

Moderator:Peter Hurme, Editor, Cargo Logistics

Speakers:Paul Derksen, Associate Vice President, Black Watch Property Ltd.Chris Steele, Chief Operating Officer, Investment Consulting AssociatesDuncan Stewart, Director of Technology, Media and Telecommunications Research, Deloitte Canada