Market Share

The Official Blog for Commercial Real Estate

Category: Legislative

State Governments Face Budget Uncertainties

  • June 18, 2025
State governments are required to maintain balanced budgets that ensure revenues equal expenditures. Any budgetary shortfall requires lawmakers to make calculated decisions to either reduce government services or generate additional revenue through tax and fee increases. There is growing uncertainty within the states of projected state revenues as President Donald Trump and Congress attempt to restructure federal support for state services and programs. The revenue concerns in the states are furthered by economic growth questions, inflation and the conclusion of the one-time pandemic relief funding from the federal government.
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U.S. tariffs

2025 U.S. Tariffs: What Industrial CRE Needs to Know

  • June 5, 2025
With trade policy once again taking center stage in the U.S., industrial real estate leaders are watching closely to understand how sweeping tariff changes could reshape supply chains, manufacturing and market demand. Newmark’s Lisa DeNight, managing director for national industrial research,​ and Charlie Smith, managing director for geopolitical strategy​, discussed the implications and shared their predictions at NAIOP’s I.CON East this week in Jersey City, New Jersey.
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Atlantic advantage

East Coast Ports Expand Amid Global Trade Shifts and Supply Chain Realignment

  • June 5, 2025
As global trade routes evolve and supply chains adapt to new realities, East Coast ports are stepping into a more prominent role. At NAIOP’s I.CON East conference this week in Jersey City, New Jersey, logistics and port experts outlined how infrastructure investments, intermodal connectivity, and changing sourcing strategies are driving industrial growth along the Eastern Seaboard.
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Aerospace manufacturing

Aerospace and Defense Industries Bring New Demand to Industrial Property Market

  • June 3, 2025
Across the United States, a manufacturing renaissance is underway. Kick-started by the Bipartisan Infrastructure Law, the CHIPS Act, the Inflation Reduction Act, and a post-pandemic focus on supply chain resilience, the resurgence has spurred new demand for industrial facilities. Most recently, demand has begun to shift from the electric vehicle and clean energy sectors to the aerospace and defense sectors receiving stepped-up U.S. Dept. of Defense funding.
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Capitol Hill

The House at a Crossroads for Reconciliation Bill

  • May 21, 2025
The “One, Big, Beautiful Bill” containing much of President Donald Trump and congressional Republicans’ domestic agenda, and which has bedeviled House Speaker Mike Johnson for most of the year, finally appears to be headed for a vote on the House floor.
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U.S.-Canada

O Canada! Guess Who Came to the White House?

  • May 7, 2025
This week, Canada's new Prime Minister Mark Carney came to the White House to address the mayhem caused by President Donald Trump’s attack on Canada’s longstanding trade agreement with the U.S. and Mexico and the president’s provocative comments about Canada’s sovereignty.
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Port of Los Angeles

Tariffs Disrupt Supply Chains and the Outlook for Industrial Real Estate

  • April 21, 2025
The Trump administration’s tariff policy has unfolded rapidly and continues to evolve. Although the highest tariff rates on most U.S. trading partners have been paused for 90 days to allow time for trade negotiations, a flat 10% tariff remains in effect on most goods, and additional tariffs are expected on electronics, semiconductors and pharmaceuticals. When combined with previously announced tariffs on steel and aluminum, and the 145% tariff on most goods from China, the average effective tariff rate is the highest in more than a century. The dollar has declined in response to the tariff announcements, further increasing the effective cost of imported goods.
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Capitol Building

Agreement on Budget Resolution Clears Another Hurdle in Congressional Effort to Pass Tax Reform

  • April 16, 2025
Last week, Congressional Republicans made significant progress in their efforts to advance President Donald Trump’s tax and spending priorities, with House Republicans agreeing to the 70-page budget blueprint that lays out a fiscal framework for implementing the president’s border security, defense, energy and tax priorities.
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