The term “supply chain” was coined on June 4, 1982, when the Financial Times published an article that used it as a replacement for “production and inventory management.” Now a permanent part of our lexicon, looking back at just how the supply chain has grown and changed over four decades is how a panel of […]
Growth in e-commerce has increased the importance of last- and middle-mile logistics as companies seek to keep up with consumer demand. Bob Andrews, senior vice president and regional manager with CenterPoint Properties, and Patrick Schlehuber, executive vice president, investments for Rexford Industrial Realty, Inc., shared their first-hand insight and experience with this unique piece of […]
A panel of experts took on the biggest challenges in industrial real estate in the closing panel of the first day of I.CON West 2021, held this week in Long Beach, California. From supply chain stressors to volatile pricing to labor shortages and building design, the issues seem bigger than ever for commercial real estate’s […]
In June, NAIOP conducted its eighth survey of its U.S. members on the impacts of COVID-19. Since April 2020, the association has examined the pandemic’s effects on commercial real estate and how firms have responded. Most American adults are vaccinated, and daily coronavirus case counts have plummeted in the five months since the previous survey. […]
Last year was challenging for everyone as the world seemed to come to a halt. But, the transition to sheltering-in-place and working from home was helped immensely by the availability of two-day or same-day shipping — powered by a robust and growing industrial real estate market. In fact, the logistical backflips necessary to meet the […]
The disruption caused by COVID-19 has accelerated the blending of brick-and-mortar retail and logistics real estate. This has resulted in the emergence of a new hybrid store model – one that takes omnichannel strategies to the next level and promises to revolutionize the retail, industrial and logistics industries. In a recent NAIOP webinar, John Morris, head of industrial and […]
Buoyed by changing social and technological trends and exacerbated by the COVID-19 pandemic, industrial real estate has evolved in recent years from a slow-moving and stable asset class to one with dynamism and rapid growth. That has drawn the attention of the largest and most opportunistic investors, including Blackstone, KKR, J.P. Morgan, AXA Investments PGIM, […]
Despite the severe economic downturn of 2020, the U.S. construction industry grew. Direct expenditures for building and nonbuilding construction climbed $51.7 billion to reach $1.4 billion for the year. Total jobs supported by construction grew by 400,000. And construction’s percentage of total U.S. GDP rose from 19.5% in 2019 to 21% in 2020. In the […]
