Of the many Views From The Frontier Of Commercial Real Estate at today’s session of the same name at NAR Annual 2011, it was Sam Foster‘s that presented a definitive roadmap. That’s because Sam, head of industrial practice at Jones Lang LaSalle, took a long look at the transportation and warehousing industries and the likely impacts on CRE.
In a fascinating session, Sam brought to light the role of ports, transportation, and inventory in the forecasting of tomorrow’s hottest CRE markets. Playing on NAR 2011’s theme of carpe diem (sieze the day), Sam quipped “The theme should really be carpe crastinum diem – sieze tomorrow. We should be looking for future opportunities.“