Fuller Speed Ahead EP39 Will O’Donnell, director of Prologis Ventures, at FreightWaves Future of Logistics Real Estate Summit
William O’Donnell, managing partner of Prologis Ventures, the venture capital arm of the logistics real estate trust Prologis, cited a jaw-dropping stat in a discussion with FreightWaves CEO Craig Fuller on Tuesday. According to a recent study, every 100 basis points in the shift of consumer spending from traditional retail to e-commerce equates to 46 million square feet in industrial space needs. With the uptick in online shopping showing no signs of abating, “there is a tailwind we are riding right now,” O’Donnell said. O’Donnell and Fuller engaged in a conversation about the intersection…
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