Podcast | Creating Resilience

Right Place Right Time: The art of locating industrial sites near both labor and the supply chain

September 26, 2023 35 Minute Listen

2023-EP36-right-place-right-time-hero

Talk to us

Siting a manufacturing plant or warehouse is a supreme challenge in today’s economy. TreeHouse Foods’ David Varalli and CBRE’s Seth Martindale and A.J. Magner offer insights on balancing infrastructure, labor and resource availability, automation and costs in site selection and deciding whether to lease or own.

Right Place Right Time: The art of locating industrial sites near both labo...

September 26, 2023 35 Minute Listen

Every episode in your inbox

Unique insights on what matters most today in commercial real estate.


Key Takeaways:

  1. Site selection for industrial facilities involves a complex balance of cost management, automation and labor and resource availability.
  2. Some manufacturing and warehouse operators are turning to nearshoring to reduce supply chain risk and improve resiliency.
  3. Secondary and tertiary markets offer cost advantages for industrial facilities, but can present challenges from power and water availability, transportation access and labor scarcity.

Guests

Photo of David Varalli

David Varalli

Director of Real Estate, TreeHouse Foods

David Varalli is the Director of Real Estate for TreeHouse Foods, a company specializing in the production of private-label goods. The company is headquartered in the Chicago market and has manufacturing and distribution locations across the country. David oversees all real estate strategy and contract negotiations for the company.

Photo of A.J. Magner

A.J. Magner

Vice Chairman, CBRE

Based in Cleveland, Ohio, A.J. co-leads a Global Portfolio Services (GPS) team with Barry Holtzer and Jesse Grant, specializing in global and national corporate real estate partnerships.

Photo of Seth Martindale

Seth Martindale

Senior Managing Director, Americas Consulting, CBRE

Seth Martindale is a Senior Managing Director in Advisory & Transaction Services and a member of CBRE’s Location Incentives Group. He has extensive experience in real estate strategic planning working with both private and public-sector clients. Mr. Martindale currently helps clients by developing practical and economical portfolio solutions through implementing site location strategies, portfolio optimization plans, and negotiating economic incentives.

Host

Photo of Spencer Levy

Spencer Levy

Global Client Strategist & Senior Economic Advisor, CBRE

Spencer Levy is Global Client Strategist and Senior Economic Advisor for CBRE, the largest commercial real estate services firm in the world. In this role, he focuses on client engagement and public-facing activities, including thought leadership work performed in conjunction with CBRE Research. He also serves as Co-Chair of the Real Estate Roundtable’s Research Committee.

Related

Search All Episodes

Search and filter episodes by Industry and Property Type