Supply chain, logistics and transportation play a major role in site selection for industrial real estate, which has been disrupted along with many other economic sectors by the COVID-19 pandemic but remains in a strong position overall, said Adam Roth, CCI, SIOR, executive vice president of NAI Hiffman, at CRE:Converge 2022. Corporations make site selection […]
The pandemic has brought the workings of the global supply chain into prominent focus, with the average consumer much more aware that a system they thought was smooth sailing had now hit some inconvenient and expensive rocky shoals. In a session at I.CON East: The Industrial Conference, experts shared their perspectives on what created a […]
The neighboring ports of Los Angeles and Long Beach have attracted substantial attention from the press, economists and industrial real estate developers as a surge in imports during the COVID-19 pandemic continues unabated. Increased shipments have translated to long lines of container ships anchored off the coast of Southern California and similar congestion within each […]
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 […]
In the wake of the COVID-19 pandemic, supply chain problems have become pervasive. In fact, things are getting so bad that many fear they could imperil the all-important holiday shopping season this year. “My wife came up to me and said, ‘We have to start Christmas shopping right now,’” said John Petricola, senior managing director […]