Ever since the pandemic which was the primary factor that brought about hybrid and work-from-home flexibility companies have been relying on special resources and building amenities to lure employee back to the office. However, industrial and warehouse building employees were not able to work remote. The workforce at distribution centers and warehouses as well as […]
Industrial is KING has been the overall theme in commercial real estate since the pandemic sent the e-commerce industry into over-drive and the demand for warehouse/ distribution centers skyrocketed. However, it seems the industry giant, Amazon is sending a message as they shift their warehouse strategy. According to Bloomberg, last month Amazon announced plans to […]
The industrial boom is still in full effect and does not seem to be slowing down anytime soon. The strong demand for industrial space coupled with limited land supply in some areas is stirring up the commercial real estate industry; developers and owners are looking to expand vertically rather than horizontally. For example, the Prologis […]
It seems the e-commerce giant, Amazon, has a new strategy when it comes to industrial real estate. According to Bisnow, they spent at least $450M over the past year to acquire industrial properties and development sites rather than lease. Amazon has contributed more than any other company to the growth in prominence and value of […]
Another recap from NAIOP’s I.CON West Conference included a group of panelists discussing the top challenges in the Industrial sector of Commercial Real Estate. It shouldn’t come as a surprise, due to the strains of Covid, that supply chain issues and spikes in rent and demand from E-commerce exploding are a couple of the top […]