NAIOP’s chair shares his thoughts on our industry, his goals this year as chair, why advocacy matters, and the value provided by NAIOP.
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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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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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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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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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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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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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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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“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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“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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