20
Mar
2023
Economic Outlook: Hardships and Silver Linings
Posted On March 20, 2023  By Larry Lichtenauer  And has No Comment

With all signs pointing to an economic recession – presumably arriving midyear or Q3 – how can the commercial real estate community best plan for this event, which asset classes will be particularly hard hit, and what silver linings and opportunities will be available to savvy investors and progressive companies? Offering their insights and perspectives on this topic are Anirban Basu, chairman and CEO of Sage Policy Group and Jennifer LeFurgy, Ph.D., vice president of knowledge and research for NAIOP.

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15
Mar
2023
Major Tax Increases Proposed in Biden’s 2024 Budget
Posted On March 15, 2023  By Aquiles Suarez  And has No Comment

President Joe Biden submitted his proposed fiscal year 2024 federal budget to Congress on March 9. It contains numerous tax increases that repeatedly failed to clear the House of Representatives and Senate even when these chambers were controlled by Democrats. But the president’s budget submission makes sense if you acknowledge that its primary purpose is as a political messaging document, meant to provide a contrast between his administration and Republicans in advance of the 2024 presidential election.

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14
Mar
2023
Labor Trends in the Powerhouse Logistics Empire
Posted On March 14, 2023  By Marie Ruff  And has No Comment

Experts dug into the data behind labor and workforce trends in California’s Inland Empire and the surrounding regions, one of the most competitive labor markets for distribution and manufacturing workers in the western U.S., during a session at NAIOP’s I.CON West in Long Beach, California. However, alternative markets like Phoenix and Las Vegas/Reno could provide valuable options outside of the Inland Empire, especially when considering total cost modeling.

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10
Mar
2023
The Nearshoring Experiment
Posted On March 10, 2023  By Michelle Hofmann  And has No Comment

With global instability and supply chain challenges in recent years, there has been an increased impetus to bring manufacturing back to the U.S. Gregg Healy, executive vice president and head of industrial service for North America at Savills, spoke at NAIOP’s I.CON West in Long Beach, […]

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10
Mar
2023
Exploring Growth and Potential in the Southwest Industrial Market
Posted On March 10, 2023  By Michelle Hofmann  And has 1 Comment

A panel of experts gathered at NAIOP’s I.CON West in Long Beach, California, to discuss the fast-growing industrial market in the Southwest, consider opportunities for investors, and examine challenges associated with inflation and affordability.   According to moderator Keith Earnest, executive vice president at VanTrust Real Estate […]

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10
Mar
2023
The Capital Markets Outlook for Industrial Real Estate
Posted On March 10, 2023  By Marie Ruff  And has No Comment

The industrial real estate market has been on fire, but this still-hot sector is expected to cool, according to the latest Industrial Space Demand Forecast from the NAIOP Research Foundation. A powerhouse panel of financial experts addressed the capital markets outlook for industrial real estate in […]

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10
Mar
2023
Multilevel Warehouse Design’s Vertical Puzzle
Posted On March 10, 2023  By Kathryn Hamilton, CAE  And has No Comment

As industrial spaces move deeper into urban areas, the need to build up instead of out will increase. Vertical industrial – whether used for fulfillment, maker spaces, labs or light manufacturing – requires a new approach, different requirements and a whole lot of explaining.

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09
Mar
2023
Best Practices for Achieving Net-zero Targets in Industrial Real Estate
Posted On March 9, 2023  By Michelle Hofmann  And has No Comment

Challenges abound as industrial owners and operators set aggressive targets to reduce emissions and tackle ESG goals. A panel of experts discussed their progress toward net zero and shared some best practices during NAIOP’s I.CON West in Long Beach, California.

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09
Mar
2023
Industrial and Residential Can Coexist: A Case Study
Posted On March 9, 2023  By Marie Ruff  And has No Comment

“The Inland Empire is arguably the most dynamic industrial market in the country,” said Patrick Daniels, co-founder/Chief Executive Officer, CapRock Partners LLC, during a session at NAIOP’s I.CON West in Long Beach, California. He and John Condas, partner, Allen Matkins, discussed how industrial developments can coexist with suburban residential neighborhoods.

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09
Mar
2023
Industrial Real Estate and the Economy: Where Are We Headed?
Posted On March 9, 2023  By Kathryn Hamilton, CAE  And has No Comment

“Technology is going to be among the most important things that impacts the industrial sector,” began Rebecca Rockey, economist and global head of economic analysis and forecasting at Cushman & Wakefield, at I.CON West’s keynote session this week in Long Beach, California. “The industrial sector stands to be the first industry to experience that adaptation as the nature of our economy and demographics change.” 

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