Ward Richmond, Executive Vice President for Colliers International, provided a detailed overview of the logistics and industrial real estate market.
Topics covered included: the impact of Covid on market conditions; steps occupiers can take to secure space in today's tight market conditions; and where the market may be headed, among others.
Ward specializes in working with C-level executives and operational specialists to develop and execute corporate real estate strategies on a local and global basis in an effort to maximize operational efficiencies and value.
His primary focus is representing dominant logistics companies in the acquisition and disposition of “supply chain real estate” - distribution centers, truck terminals, last mile hubs, manufacturing facilities and industrial land.
With over 15 years of experience, Ward has developed a very thorough understanding of Supply Chain Real Estate strategy via negotiating 500+ transactions, globally, in 50+ cities while generating millions in value for his customers.
Ward also has been interviewed by multiple publications including the Wall Street Journal and has been a featured speaker at multiple real estate and logistics conferences around the globe. Ward is currently on the steering committee for the Colliers International Logistics & Transportation Solutions Group and an active member of the IWLA and the Texas Warehouse Association.