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insights • supply chain
Logistics Tenant Profile #7 - Logistics Location GuideE-commerce began as a niche within the retail industry but has grown rapidly and is expected to surpass offline retail by 2025.
Carter Kim • June 30, 2023
insights • supply chain
Logistics Tenant Profile #9 – Busan & Ulsan & Gyeongnam: Korea’s Second E-Commerce LogisticsIn Busan-Ulsan-Gyeongnam, logistics centers are heavily concentrated around Busan New Port, Busan Port, Gamcheon Port, and Yangsan ICD/IFT, accounting for approximately 86% of the total supply.
Carter Kim • September 01, 2023
insights • supply chain
Logistics Tenant Profile #3 – Yongin: Still the Capital’s Cold Chain Leader?Yongin has long been recognized as a key cold chain logistics hub in the SMA. While Suji and Giheung districts host many aging refrigerated and frozen logistics centers, new town developments have limited opportunities for redevelopment in these areas.
Carter Kim • February 28, 2023
insights • supply chain
Logistics Tenant Profile #10 - Yeoju: A New Logistics Cluster in SMA?Yeoju was traditionally a location for small, self-owned logistics centers. However, since 2021, it has emerged as an alternative to Yongin and Icheon due to stricter permitting regulations in those areas, leading to a surge in logistics development.
Carter Kim • September 27, 2023
insights • supply chain
Logistics Tenant Profile #2 – Icheon: Korea’s Premier Logistics HubIcheon has established itself as a traditional logistics center supply region within the SMA, thanks to its relatively low land costs and strategic location where major highways connecting the country intersect.
Carter Kim • January 31, 2023
article • supply chain
The Future of Warehousing and Distribution: Reflections from the Interchange ConferenceHere’s a look back at some of the most impactful themes we explored as we discussed the future of warehousing and distribution at INTERCHANGE 2025.
Benjamin Harris • August 05, 2025
insights • supply chain
Logistics Tenant Profile #18 – Icheon: Can it maintain reputation as a logistics hub?Icheon is experiencing a surge from 1,138k py (as of 4Q’22) to 1,581k py (as of 2Q'24), resulting in increased vacancies and decreased effective rents.
Carter Kim • October 02, 2024
research • supply chain
Logistics Tenant Profile #13 - Siheung-Ansan: Logis-City of TomorrowSiheung and Ansan areas can access major cities such as Seoul, Incheon, and Suwon, a densely populated area within one hour by taking advantage of the wide-area transportation network. It is emerging as a logistic base for e-commerce retailers.
Carter Kim • February 26, 2024
insights • supply chain
Logistics Tenant Profile #25 – Pyeongtaek: The farthest from Seoul and the Closest to ChinaOver the past three years, Pyeongtaek has solidified its position as an emerging logistics hub, with cumulative logistics center supply increasing by more than 1.7 times.
Carter Kim • July 24, 2025
insights • supply chain
Logistics Tenant Profile #21 – Anseong: New Logistics HUB in CrisisAnseong is a transportation hub with four expressways running through it, and logistics areas have been developed around the areas adjacent to the ICs. The supply has doubled in the past three years, and the increase in supply has been evenly distributed among the existing logistics supply areas.
Carter Kim • February 05, 2025
insights • supply chain
Logistics Tenant Profile #17 – Incheon: Global Fulfillment HUBHome to Incheon Port and Incheon Airport, two of the country's leading import and export trade bases, and adjacent to Seoul, Incheon is not only a last-mile hub for the metropolitan area, but also a global logistics hub.
Carter Kim • July 29, 2024
article • supply chain
Quickcommerce or why real estate matters to all of usWhen we used to have to look for the phone number on a fridge magnet to order a pizza, we never imagined that, a while later, the monthly grocery shopping could arrive faster than dinner.
November 05, 2024
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