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 […]
Building on the NAIOP Research Foundation’s recent study, The Development Approvals Index: A New Tool to Evaluate Local Approvals Processes, several NAIOP chapters and George Mason University have collected data on development approvals across the United States and Canada. To date, Mason’s data collection has focused on nine jurisdictions: City and County of Denver, Colorado; […]
The years leading up to the pandemic were hot for cold storage. It only promises to grow going forward. With the cold storage vacancy rate around 4%, over 100 million square feet of cold storage space will be built in the U.S. in the next five years. As 78% of cold storage facilities in the […]
After the initial shock of the pandemic, industrial real estate emerged as one of the asset classes least affected by the ensuing economic downturn. While the causes are multifaceted, the sudden spike in demand for products ordered and curbside pick-up meant that retailers – both online and brick-and-mortar – scrambled to secure the space they […]
Four industrial real estate experts took the stage in the opening keynote session of I.CON East, held this week in Jersey City, New Jersey. “If there was ever a group of leaders who are doing the deals, deploying the capital, and developing in billions of square feet and dollars, this is the group,” began session […]
The Delta variant of COVID-19 has continued to delay the return-to-work plans of many companies. Still, rising vaccination rates and declining case numbers have provided hope for many companies. Anyone worried about the future of office work can look at the continual investment of big tech into the industry to feel confident that offices are […]
While some assets in the real estate market have been jolted by pandemic-related fallout, some investors, managers and property owners will look back on the COVID-19 era as the “golden era” of real estate investment. While some sectors have struggled, like office and retail, certain sectors have seen tremendous growth. Managers with operational expertise with […]
The post-recession economic revival is well underway, supporting the revitalization of most commercial real estate sectors, but evolving demand drivers have structurally changed the industry’s investment outlook. As elevated market liquidity and low interest rates align with changes in the marketplace, investors have adapted their strategies, dramatically altering the commercial real estate investment landscape. At […]
