California is the biggest user of cold storage in the U.S., with over 16.5 million square feet of cold storage space according to the Los Angeles Times, and the ports of Los Angeles and Long Beach have more than doubled their refrigerated container capacity in recent years to address increasing import and export demand. Attendees […]
Governments at every level are considering polices to reduce greenhouse gas emissions from both stationary and mobile sources as part of efforts to address climate change. Some of these efforts have centered on initiatives to lowering domestic use on fossil fuels, such as coal, petroleum, natural gas and oil, by moving towards electric vehicles within […]
Prior to the rise of e-commerce, industrial real estate was among the asset classes most immune to change. However, thanks to the rising logistical needs of retailers, increasingly specialized production methods and global supply chain issues, the industrial market has been significantly transformed in the last decade, with an increasingly large volume of industrial real […]
As two tumultuous years closed for the office sector and return-to-office plans were upended by new variants and case surges, millions of workers remained in remote or mostly remote setups. And, while the average office vacancy rate climbed across top U.S. markets, one segment continues to show resiliency: medical office buildings (MOBs). Even though elective […]
Most state governments have emerged from the pandemic-induced economic slowdown with budgetary surpluses because projected revenue losses did not occur. Losses in tax collections from certain sectors of the economy, such as restaurants, hospitality and entertainment, were offset by the collection of sales taxes from increased internet transactions, along with the $193.5 billion allocated to […]
Images of office buildings usually portray those in a city — dense, glass-covered skyscrapers in the heart of a metropolis. But the majority of office buildings built in the last 20 years were actually in the suburbs. Using data provided by CommercialEdge, COMMERCIALCafé compared where office properties have been constructed since 2002 — in suburban […]
Almost every day, another news article pops up about how the workplace is changing. While this isn’t a fresh topic, said Phil Mobley, director of US occupier research with Avison Young in a NAIOP webinar this week, discussion increased with the onset of the pandemic in early 2020. On the bright side, office talk has […]
Data-driven approaches are frequently used to identify core growth markets for industrial development and acquisitions. These combine top-down demographic and macroeconomic data with bottom-up information from specific submarkets. A recent webinar for NAIOP members provided insights into how commercial real estate professionals can turn data into actionable information for investors. According to James Freeman, Managing […]
