New commercial real estate company provides materials handling services
Bastian development integrates real estate, logistics, and material handling
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Latest ResourceDigital Issue: The Current State of Third-Party Logistics Services It has become quite clear that logistics professionals are now facing an unprecedented set of challenges. From tightening capacity, to ongoing regulation hurdles, to the complexity brought on by e-commerce, today’s shippers are transforming the way they manage their logistics operations.
Bill Bastian II announced recently the formation of Bastian Development, a commercial real estate company that will provide real estate development, logistics and materials handling on a national basis. With this expertise, Bastian Development will integrate the tenant’s internal and external processes into the building design. Bastian Development’s primary affiliate, Bastian Material Handling, has provided the design and integration of materials handling systems to clients worldwide since 1952. This affiliation will allow Bastian Development to immediate support and provide services to a large existing client base.
“The formation of Bastian Development will allow us to provide real estate solutions to our existing client base and expand our exposure to other industrial users. This addition makes us the only developer and owner of real estate that will integrate real estate, logistics and material handling on a national basis,” said Bastian.
The initial plans call for eight regional offices located in the United States and the recruitment of experienced commercial real estate personnel. The first step in this process has been the hiring of Lance Collins, a 20-year veteran of commercial real estate, who will oversee the startup and day-to-day operations as general manager.
“I am proud to join the Bastian family of companies as general manager of Bastian Development. The commercial real estate industry has become a commodity-based business, which requires the tenant to design and run their operation around whatever building the developer or landlord provides. With the creation of Bastian Development, we will be able to partner with our clients and provide a broader and more complete facility solution.”
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