The Warehouse of the Future: The Impact of Automation on Industrial Assets
The impact of warehouse automation on operational efficiencies is well documented; however, the current and potential future impacts on real estate from a design, spatial, and economic perspective remains to be explored. We undertake a qualitative approach, leveraging data from industrial developers...
| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | Thesis |
| Published: |
Massachusetts Institute of Technology
2023
|
| Online Access: | https://hdl.handle.net/1721.1/151540 |
| _version_ | 1826200104355233792 |
|---|---|
| author | Nuckel, Reilly J. |
| author2 | Duarte, Fabio |
| author_facet | Duarte, Fabio Nuckel, Reilly J. |
| author_sort | Nuckel, Reilly J. |
| collection | MIT |
| description | The impact of warehouse automation on operational efficiencies is well documented; however, the current and potential future impacts on real estate from a design, spatial, and economic perspective remains to be explored. We undertake a qualitative approach, leveraging data from industrial developers, supply chain operators, and robotic firms to provide context for current trends and uncover insights regarding how the technology will influence these assets in the future. Contrary to what has often been assumed, the rise of automation in warehouses presents both headwinds and tailwinds for the asset class as a whole. Automation in warehouses can increase the value of new warehouse development and offset land supply constraints by more fully utilizing the cube of a building to maximize throughput. Alternatively, solving for density and maximizing throughout could mitigate operators’ needs for space, countering increases in valuation at a macro-level for the asset class. |
| first_indexed | 2024-09-23T11:31:15Z |
| format | Thesis |
| id | mit-1721.1/151540 |
| institution | Massachusetts Institute of Technology |
| last_indexed | 2024-09-23T11:31:15Z |
| publishDate | 2023 |
| publisher | Massachusetts Institute of Technology |
| record_format | dspace |
| spelling | mit-1721.1/1515402023-08-01T03:53:37Z The Warehouse of the Future: The Impact of Automation on Industrial Assets Nuckel, Reilly J. Duarte, Fabio Massachusetts Institute of Technology. Center for Real Estate. Program in Real Estate Development. The impact of warehouse automation on operational efficiencies is well documented; however, the current and potential future impacts on real estate from a design, spatial, and economic perspective remains to be explored. We undertake a qualitative approach, leveraging data from industrial developers, supply chain operators, and robotic firms to provide context for current trends and uncover insights regarding how the technology will influence these assets in the future. Contrary to what has often been assumed, the rise of automation in warehouses presents both headwinds and tailwinds for the asset class as a whole. Automation in warehouses can increase the value of new warehouse development and offset land supply constraints by more fully utilizing the cube of a building to maximize throughput. Alternatively, solving for density and maximizing throughout could mitigate operators’ needs for space, countering increases in valuation at a macro-level for the asset class. S.M. 2023-07-31T19:47:15Z 2023-07-31T19:47:15Z 2023-06 2023-06-07T15:55:54.851Z Thesis https://hdl.handle.net/1721.1/151540 In Copyright - Educational Use Permitted Copyright retained by author(s) https://rightsstatements.org/page/InC-EDU/1.0/ application/pdf Massachusetts Institute of Technology |
| spellingShingle | Nuckel, Reilly J. The Warehouse of the Future: The Impact of Automation on Industrial Assets |
| title | The Warehouse of the Future: The Impact of Automation on Industrial Assets |
| title_full | The Warehouse of the Future: The Impact of Automation on Industrial Assets |
| title_fullStr | The Warehouse of the Future: The Impact of Automation on Industrial Assets |
| title_full_unstemmed | The Warehouse of the Future: The Impact of Automation on Industrial Assets |
| title_short | The Warehouse of the Future: The Impact of Automation on Industrial Assets |
| title_sort | warehouse of the future the impact of automation on industrial assets |
| url | https://hdl.handle.net/1721.1/151540 |
| work_keys_str_mv | AT nuckelreillyj thewarehouseofthefuturetheimpactofautomationonindustrialassets AT nuckelreillyj warehouseofthefuturetheimpactofautomationonindustrialassets |