Fuller Speed Ahead EP39 Will ODonnell, director of Prologis Ventures, at FreightWaves Future of Logistics Real Estate Summit
William O\u2019Donnell, 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.\xa0\nAccording 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.\xa0\nWith the uptick in online shopping showing no signs of abating, \u201cthere is a tailwind we are riding right now,\u201d O\u2019Donnell said.\nO\u2019Donnell and Fuller engaged in a conversation about the intersection between warehouse technology and industrial real estate during FreightWaves\u2019 Future of Logistics Real Estate Summit. The discussion touched also on broader trends reshaping logistics, including e-commerce, COVID-19 and the fundamentally social nature of human beings.\n\xa0\nWatch\nSUBSCRIBE ON YOUTBE: http://bit.ly/FW-subscribe\nFollow Us!\nTwitter: https://twitter.com/freightwaves\nFacebook: https://www.facebook.com/FreightWaves/\nLinkedIn: https://www.linkedin.com/company/freightwaves/\nInstagram: https://www.instagram.com/freightwaves/\n\xa0\nVisit FreightCasts sponsor: Convoy makes it easy to get your full truckload freight covered by high-quality carriers at competitive rates. To get an instant quote and 100% tender acceptance guarantees, click here.\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices