October 2024

2 — October 2024 — M id A tlantic Real Estate Journal

www.marej.com

STATEMENT OF OWNERSHIP MANAGEMENT & CIRCULATION(required by 39 U.S.C.3526) Title of Publication: Mid Atlantic Real Estate Journal. 2. Publication No. 22-358. 3. Date of Filing: 10/18/2024. 4. Frequency of Issue: Monthly. 5. No. of Issues Published Annually: 12. 6. Annual Subscription Price: $99.00. 7. Complete mailing address of known office of publication: 117 HMS Halsted Dr. Hingham, MA 02043. 8. Complete mailing address of the headquarters of general business offices of the publisher: Same as above. 9. Full names and complete mailing addresses of publisher, editor and managing editor: Publisher, Linda M. Christman, 117 HMS Halsted Dr, Hingham, MA 02043. Editor: Karen Joy Vachon, 34 Nautical Way, Plymouth, MA. 10. Owner (if the publication is owned by a cor- poration, give the name and address of the corporation immediately followed by the names and addresses of all stockholders owning or holding 1 percent or more of total amount of stock. If not owned by a corporation, give the names and addresses of the individual owners. If owned by a partnership or other unincorporated firm, give its name and address as well as those of each individual owner. If the publication is published by a nonprofit organization, give its name and address). Linda M. Christman, 117 HMS Halsted Dr, Hingham, MA 02043; 11. Known bondholders, mortgagees and other security holders owning or hold- ing 1 percent or more of total amount of bonds, mortgages or other securities. None. 13. Publication title: Mid Atlantic Real Estate Journal. 14. Issue date for circulation data below: 10/16/2024. 15. Extent and nature of circulation. A. Total no. copies (net press run)1416.90, 1338.00. B. Paid and/or requested circulation. 1. Paid/requested outside-county mail subscriptions; 1416.90,1338.00. 2. Paid in-county subscriptions: 0, 0. 3. Sales through dealers and carriers, street vendors, counter sale, and other non-USPS paid distribution: 0, 0. 4. Other classes mailed through the USPS: 0, 0. C. Total paid and/or requested circulation: 1416.90, 1338.00. D. Free distribution by mail: 0, 0. 1. Outside-county: 0, 0. 2. In-county: 0, 0. 3. Other classes mailed through the USPS: 12, 10. E. Free distribution outside the mail: 0, 0. F. Total free distribution: 920, 869. G. Total distribution: 2348.90, 2217. H. Copies not distributed: 124, 10. I. Total: 2348.90, 2217. J. Percent paid and/or requested circulation 60.62%, 60.63%. 16. Publication of Statement of Ownership: 10/16/2024. 17. Signature and title of editor, publisher, business manager or owner: Linda M. Christman, Publisher/CEO.

M id A tlantic Real Estate Journal

M id A tlantic R eal E state J ournal Publisher, Conference Producer ..............Linda Christman VP, Conference Producer .............................Lea Christman Editor/Graphic Artist ......................................Karen Vachon Contributing Columnists ..................Marc Selvitelli, NAIOP Mid Atlantic R eal E state J ournal ~ Published Monthly Periodicals postage paid at Hingham, Massachusetts and additional mailing offices Postmaster send address change to: Mid Atlantic Real Estate Journal 117 HMS Halsted Dr., Hingham, MA 02043 USPS #22-358 | Vol. 36, Issue 10 Subscription rates: 1 year $99.00, 2 years $148.50, 3 years $247.50 & $4.00 single issue - plus postage REPORT AN ERROR IMMEDIATELY MARE Journal will not be responsible for more than one incorrect insertion Phone: 781-740-2900 www.marej.com

Marc Selvitelli

NAIOP Research Foundation Issues Report on Building for Reverse Logistics

ASHINGTON, DC — The pan- demic brought

into sharp focus the impor- tance of having a healthy and functioning supply chain, that critical system by which goods are deliv- ered from factories to door- steps. But how does the pro- cess work in reverse, when items are returned and sent back? And what happens to the returned items? Today, the NAIOP Re- search Foundation released a new report on reverse logistics (RL), “Reverse Lo- gistics Strategies for the Post-pandemic Supply Chain: Spaces and Places to Recapture Value,” which examines the process by which goods flow back from the consumer to the sup- plier. The report identifies best practices in the design of RL networks, including

the design and location of RL facilities. Its findings are useful to supply chain managers, real estate devel- opers and other commercial real estate professionals. “Consumer and industrial product companies are turn- ing to reverse logistics as a ’final frontier‘ where logistical competencies can generate financial success,” according to the report, with the goal of maximizing the remaining value of returned items and minimizing related costs. Key findings: Real estate profession- als can play a pivotal role in identifying suitable RL facility locations that meet supply chain managers’

strategic criteria. Third parties that provide outsourced RL services gen- erally need to be centrally lo- cated relative to the industry they serve, close to industry- preferred modes of transpor- tation, close to the source of product returns, near a suf- ficiently large labor market, and have access to waste management infrastructure. For firms that insource RL, multiple smaller, re- gional facilities may in many cases be more efficient than a single, centralized facility. The decision to locate in- sourced RL processes in a dedicated facility or within a facility that also handles continued on page 42

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