In the real estate industry, data centers are a much-discussed topic, but do they deserve the hype? According to Pankaj Sachdeva, McKinsey Senior Partner, this is a long-term trend as opposed to a quick volatile frenzy. McKinsey’s data confirms this
Example: Technology, Internet, Artificial Intelligence
UPS is deploying Verity warehouse drones for inventory tracking, a technology that will revolutionize how facilities identify stock discrepancies while maintaining accurate data on inventory levels. According to a Supply Chain Dive report determined
12/11/2024 • Ella Krygiel, BOMA International
Read More
Before the pandemic, industrial real estate demand was largely balanced by supply and demand dynamics. However, between 2020 and 2021, demand surged as companies adjusted their supply chains and e-commerce businesses expanded to accommodate the spike
11/13/2024 • Ella Krygiel, BOMA International
With the Southeast’s rapid population growth, the industrial real estate market continues to surge. According to one source by the Federal Reserve Bank of Atlanta, for instance, their reports find that the Southeast between 2019 and 2022 alone “more
10/23/2024 • Ella Krygiel - BOMA International
Newmark’s U.S. Industrial Market: Conditions & Trends report discovered that in the past two years, one billion square feet of new industrial space has been delivered in the U.S., a tally that historically took four years to reach. With Newmark’s ins
The future of malls is shifting. Macy’s announced that it will be closing 150 stores over the next few years; other stores like The Body Shop and Express have announced bankruptcy; and inflation continues to soar, where it currently stands at 3.5% fo
“Stodgy.” That is how Beth Mattison-Tieg describes under-performing assets in her recent article for the Urban Land Institute, “Investors Fueling Growth in Alternative Property Sectors.” The article piggybacks on the release of ULI’s 2024 Emerging Tr
Days after revealing a plan to incentivize office-to-residential conversions, the Biden Administration has turned its attention once again to the industrial market and shoring up the supply chain.
“Office and commercial vacancies around the country are affecting urban downtowns and rural main streets.” That frank assessment of the commercial real estate sector’s current woes came from the Biden-Harris White House in late October, as the Admini