Industrial Isn’t a “Shiny New Toy” — It’s Had Staying Power For Many Years

And it’s not just ecommerce. Automotive, electronics, and healthcare are just a few types of companies driving local demand.

At this point in 2020, much of America’s workforce is still work-from-home because of the ongoing COVID-19 pandemic. Many more people continue to rely on delivery services for their food, groceries, and other essentials driving up the hot on-demand and last-mile delivery trends throughout the country.

The funny thing about me is I’ve worked from home for the past eight years before it became the norm. My family and I have also been buying our food online for many years, long before becoming popular.

Westmount Realty Capital, the commercial real estate investment firm I founded in 1980, was ahead of another curve, too—the industrial market. Our mid-sized firm first saw industrial’s potential in the late 1980s, early 1990s, but many have just discovered it in the last few years.

 

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