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| George Livingston |
Orlando, FL --- Emerging trends in the way companies deliver
their products to consumers and end-users will create major opportunities for
Florida developers — and major development initiatives as well.
That’s the word from George Livingston, one of the
area’s most experienced commercial property investors.
“Fortune Magazine predicts same-day service for e-commerce
orders will become the standard before then end of this year,” said Livingston,
chairman of NAI Realvest in Orlando.
“That may be a little aggressive, but not by much. Retailers
are determined to reduce the time between placement of an order and delivery to
the customer’s door,” Livingston said.
“One-hour service is now available from e-Bay in Chicago,
Dallas, New York and San Francisco and e-Bay is likely to expand that to 25
cities this year,” Livingston said.
“Walmart has started its own self-delivery operations, and
other retailers are gearing up to follow suit,” he added.
The ongoing battle between online sales and
sticks-and-bricks stores has generated several trends but Livingston said they
all point to one goal: “Online retailers provide greater convenience. As they
close the gap on instant gratification, they are significantly increasing their
shares of consumer spending,” Livingston said.
The key, Livingston added, is to find the quickest way to
deliver products to the consumer, and that’s where commercial properties come
into play.
“Industrial users are already changing from “storage”
buildings to “speedy delivery” buildings,” Livingston said.
“Retail is becoming
much more consumer-based. Global real estate trends are definitely in a growth
cycle and regional manufacturing facilities will see a big increase in demand,”
he said.
For a complete
copy of the company’s news release, please contact:
George Livingston, Chairman Emeritus, NAI Realvest.
407-875-9989 glivingston@realvest.com
Larry Vershel, Larry
Vershel Communications Inc. 407-644 4142 lvershelco@aol.com
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