Corporations today are global and must optimize their supply chain to remain competitive. Once a focus only of larger corporations, logistics sophistication has increased in the mid-cap and smaller companies. In short, more corporations look at their overall spend and transportation is driving their location decisions.
A company's transportation spend is on average 10-12 times more than rent. While it is important to be competitive with real estate pricing, a change of $0.05- $0.10 per SF per year is typically minuscule compared to the projected transportation savings of 15%-20% by completing a network study of a corporate supply chain.
With this being the case, NAI Pittsburgh looks into what we are seeing in the various transportation sectors and determine how to capitalize in real estate utilizing a transportation perspective tailored for each client.