Simon Adams Comments on Logistics Building Amid E-Commerce Boom
Simon Adams was quoted in the Law360 article, “4 Keys To Logistics Building Amid E-Commerce Boom” (subscription required). The article offers best practices for developers to keep in mind as demand for logistics space near major cities soars as a result of e-commerce customers expecting same-day or even two-hour shipping. Commenting on using multistory development to meet space needs, Simon said sometimes “going up becomes the only option…It makes sense when the land values are expensive. Until now, America has been very fortunate and has had the land available. It’s been cheaper to go sideways. It’s entirely a function of land value. That’s going to push more multistory solutions if the land is expensive.”