What does 'Throughput' refer to in the context of logistics real estate?

Throughput in the context of logistics real estate specifically refers to the volume of goods or materials that are processed through a facility over a certain period. This measurement is crucial for understanding the efficiency and effectiveness of a logistics operation, as it directly relates to how well a facility can handle inventory, respond to demand, and facilitate the flow of products.

In logistics, high throughput indicates that a facility is capable of quickly moving goods in and out, leading to improved supply chain performance and customer satisfaction. It is a key metric that helps operators assess the capacity and productivity of their logistics operations.

The other choices involve aspects that, while relevant to logistics and real estate, do not specifically define throughput. For example, cost of operations is concerned with the expenses incurred during the logistics processes, land acquisition focuses on the procurement of land for development, and tenancy agreements pertain to the legal contracts between landlords and tenants. Each of these concepts plays a role in logistics real estate but does not directly encapsulate the definition of throughput.