EL SEGUNDO, Calif., May 15, 2023 (GLOBE NEWSWIRE) -- EL SEGUNDO, Calif. -- Extensiv (formerly 3PL Central) — delivering omnichannel software solutions for warehouse, inventory, and order management — announced a live online discussion to explore distribution research, trends, and guidance for merchants and 3PLs. The webinar will be on Wednesday, May 17, 2023, at 10 am PT.
What: In the face of a warehouse direct vacancy rate of just 3.5% and record-breaking rent growth, North American 3PLs and merchants are challenged with increasing warehouse space and expanding geographic reach in this hyper-competitive market to meet rising consumer expectations for fast and free shipping. In this webinar, CBRE’s Mike Fisher will join Extensiv’s CMO Rachel Trindade to discuss warehouse real estate trends and creative solutions 3PLs and merchants can leverage to expand their footprint and increase efficiency.
Topics will include:
- Warehouse capacity and space opportunities and real estate trends impacting the market
- Top growth markets, vacancy rates, rents, and costs to consider when buying or building
- How construction rates and labor availability are influencing the market
- Best practices for reducing the cost of occupancy
Who: Mike Fisher, real estate advisor at CBRE, the world’s most extensive commercial real estate services and investment firm, and Rachel Trindade, CMO of Extensiv, the visionary technology leader focused on creating the future of omnichannel fulfillment.
When: Wednesday, May 17, at 10:00 AM PT/ 1:00 PM ET
Registration: To register, please visit this page (or visit https://www.extensiv.com/resource-library/webinar/warehouse-real-estate-market-trends)
About Extensiv
Extensiv, formerly 3PL Central, is a visionary technology leader focused on creating the future of omnichannel fulfillment. We partner with warehouse professionals and entrepreneurial brands to transform their fulfillment operations in the radically changing world of commerce and consumer expectations. Through our unrivaled network of more than 1,500 connected 3PLs and a suite of integrated, cloud-native warehouse management (WMS), order management (OMS), inventory management (IMS), and integration management software, we enable modern merchants and brands to fulfill demand anywhere with superior flexibility and scale without painful platform migrations as they grow. More than 25,000 logistics professionals and thousands of brands trust Extensiv every day to drive commerce at the pace that modern consumers expect. Learn more at www.extensiv.com.
