Industrial assets - velocity of obsolescence
This is coming from someone early (5 years) into career & not as familiar with industrial. My question is somewhat technology related and focuses on the warehouse & supply chain product. For industrial focused folks, obviously there's new building spec needs for the current users of warehouses that have changed overall during the last 15 years (higher clear heights, column spacing, etc) to create a better utilized space.
Do you think we've hit the ceiling in terms of what's needed in a warehouse today will be reliable for the next 10-15 years, or is there a continuing transition in either technology or how the spaces will fit into supply chain strategy (whether anecdotally, real or speculative) that could make even newly built products today less desirable or inferior in say 5 years?