For many people, warehouses are the gritty – and dare we say mundane – side of real estate with their functional designs and out of town locations.
But while they don’t have the glitz associated with a prime office address or the glamour of a luxury hotel they nonetheless play a key role in a company’s logistics – and therefore in its real estate portfolio.
From today’s warehouses providing a temporary home for goods on their way to homes and shops to the warehouses of old which stockpiled equipment and ammunition to help win some of the great battles of history, it’s still all about strategic location, good management and a well-organized supply chain. Plus with technology evolving all the time, warehouses are getting smarter and more efficient.
JLL takes a look at how warehouses have evolved throughout the centuries.