Kansas City is best described with only two words: growth and demand. A local article recently shared that Kansas City is thriving in its real estate sector, and it seems like things will stay that way for a long time. Growth is evident in many aspects, but more so in the downtowns of the city, as well as all the outlying areas.
If anything, Kansas City is the hottest market for real estate investment. No wonder the city continues to rise in employment rates, which is directly benefiting the local real estate. Also known as the City of Fountains, there’s no doubt that Kansas is now emerging as a growing market in the real estate industry. But more than mere housing properties, KC has got so much more to offer.
Ever since the commercial real estate industry began, the classic adage location, location, location has always shaped the way commercial real estate properties operate. If anything, it serves as the basis of any business that plans to establish a commercial real estate property as location is of utmost importance in the said industry. But in 2016, this term was replaced with location, information, analytics following the present needs and situation of the CRE sector back then. Today, the industry has evolved even further. Looking into 2020, the CRE industry envisions the decade to come as an opportunity to follow a new mantra: location, experience, analytics.
Over the last few years, local market reports about top commercial real estate businesses and their ecosystem have greatly influenced the way the industry is about to grow and develop. In 2019, a lot of investors had growing preferences for companies that invest in quality technologies and tools that make CRE buildings ready for the future. One thing is clear, the commercial real estate sector is bound to change in the next decade or so, with technology backing up all of its systems and operations.
Technology and data will be the next frontier that will help further reshape the tenant and user experience. Geography will no longer be the sole factor in driving the current ecosystem of the commercial real estate sector. Companies need to start prioritizing all tenants’ and users needs by equipping commercial real estate properties with enough tech tools needed for data and analytics.
Warehouse drones significantly help automate inventory management through sensors and artificial intelligence. Automated guided vehicles or AGVs support in transporting materials, supplies, and other inventory swiftly within the warehouse facility. Automated storage and retrieval systems, better known as the AS/RS, aid in the automation of inventory management and stored goods on demand. On top of that, AS/RS systems are also designed to help speed up retrievals, order placement, fulfillment, and materials handling options. Other warehouse robotics and technologies also include:
- Collaborative robots, better known as “cobots”
- Customer relationship management systems
- Articulated robotic arms
- Goods-to-person picking robots
- Self-driving forklifts
Being in the business for over 30 years, LS Commercial Real Estate has already gone far off this road. More than exceptional service and well-maintained facilities, our warehouse spaces for lease are, in fact, ready for all our tenants’ needs, including technology and other necessary tools to operate. We have a strong sense of competitive edge, watching out for all the latest market trends to serve you better.