At NAIOP’s Nearshoring/Onshoring Summit this week in Scottsdale, Arizona, keynote Shannon O’Neil explored globalization myths, trends in global trade, manufacturing in China and Mexico, and more. O’Neil is the vice president, deputy director of studies, and Nelson and David Rockefeller senior fellow for Latin America studies at the Council on Foreign Relations.
Cold storage warehouses differ from traditional buildings in more ways than just temperature, and new technologies and trends are reshaping the sector as it grows. An I.CON Cold Storage panel discussed everything from automation trends to best practices in refrigeration, electrical, structural and more.
Cold storage development often requires a specialized approach, and leasing is no exception. A panel of leasing experts at this week’s I.CON Cold Storage conference in Las Vegas shared their insider’s views on the cold storage leasing market, including demand drivers and growth expectations, the market outlook, second-generation space, and speculative freezer or cooler space.
“There is terrific opportunity [in cold storage], but you must have the right partners in equity, debt, development and construction,” said Josh Lewis, chief operating officer, RL Cold, during a panel discussion at NAIOP’s I.CON Cold Storage. “It’s always risky, but the right partners make all the difference.”
The industrial outdoor storage (IOS) space has evolved significantly over the last 10-15 years, yet many are still unfamiliar with these unique sites. A panel of IOS investors shared their insights into the future of this sector, from the investment cycle to acquisition/disposition, and when it might be considered an institutionalized product class at I.CON East.
Onshoring and nearshoring activity is spurring demand for manufacturing space as well as associated demand for logistics facilities, said Lisa DeNight, managing director, national industrial research, Newmark, at I.CON East this week in Jersey City, New Jersey.
A powerhouse panel of industrial experts took to the stage at NAIOP’s I.CON East to discuss the state of East Coast industrial markets, what challenges are ahead, how macroeconomic factors could impact the sector, and what opportunities are on the horizon.
Firms are using AI, statistical analysis and machine learning every day, said I.CON East keynote and futurist Greg Lindsay. It has historically been thought of able to achieve “what humans can’t do,” but that mark is constantly shifting. It’s most successful in what Lindsay calls a “centaur model,” in which humans and AI working together are more powerful than either can be apart.
CBRE’s Spencer Levy took to the stage at NAIOP’s National Forums Symposium this week in Minneapolis to share his candid outlook on today’s economy, emerging markets and opportunities, and the vulnerability of real estate as it continues to evolve and recover from the COVID-19 pandemic.
Standing 37 stories in downtown Minneapolis is RBC Gateway, the first Class A office building constructed in the city since 2001. Members of the NAIOP National Forums enjoyed a tour of this facility during the National Forums Symposium held this week in Minneapolis.
