The need for cold storage facilities has exploded as e-commerce sales and grocery delivery demands multiplied during the last few years. Most cold storage facilities primarily handle food preparation or transit as products move toward consumers, but they can also be used for pharmaceutical, floral and chemical needs, among others, and frequently require varying temperature […]
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 […]
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 […]
Five primary factors will shape this November’s midterm elections. Each has varying degrees of importance, but all solidly affect President Joe Biden’s approval ratings, which influences how people will vote, said Larry Sabato, Ph.D., political prognosticator, professor of politics at the University of Virginia, and founder and director of the University of Virginia Center for […]
Part one of this series began with a discussion on inflation and interest rates, and how we anticipate these factors will influence leasing and development in our market. As we continue the new year with the expectation of slowing economic growth and continued high inflation, we want to take a closer look at how the […]
