Author: Mike Paleo
-
Rethinking the Warehouse: How Embracing Automation and Robotics Can Lead to Meaningful Savings
on
Photo credit: APEX Companies By Alex Musetti, Will Tober & Mike Paleo For as long as most of us can remember, the industrial warehouse has followed a reliable formula. Racks, forklifts, aisle ways, and a floor plan built to move product efficiently from dock to shelf and back again. It’s a model that has served…
-
By Alex Musetti & Will Tober We can’t tell you how many times we have toured a stunning, high-design office that feels more like a museum than a workplace. Every amenity is there, from the sleek fitness center and the high-end espresso machine to the shuffleboard table. But despite all these high-end details, if culture isn’t being built, and no…
-
By Mike Paleo & Alex Foley Key Takeaways Selecting the perfect warehouse location is a multifaceted endeavor that goes far beyond typical space considerations. Whether you’re embarking on a lease agreement or making a long-term investment in a property, warehouse site selection is a critical component of your company’s competitive advantage. A comprehensive supply chain model encompasses all possible flows…
-
The industrial real estate market has been on a fast-moving rollercoaster ride through the pandemic, and it’s not slowing down just yet. While the general public is pausing cautiously for a recession-like dip, industrial developers are feverously battling for the front seat of the ride. Most leaders and business owners who lease space in manufacturing and distribution have heard “your…
-
Business leaders across the country are cautiously observing one of the tightest industrial real estate markets on record with vacancies as low as 1.7% in some submarkets per our most recent Industrial Market Report. Relocation options are scarce and it seems like every week there is a record breaking rental price published above asking much to the investment community’s jubilee.…
-
As industrial rents drastically rise throughout the country, the probability of moving your warehouse, distribution center or manufacturing plant is more likely than ever. Nationally, rents for industrial space were up 9.7 percent for the first part of 2021, and in the Inland Empire, for example, they are up 24.1 percent. That’s a huge increase that many occupiers have not…
-
As the pandemic rages on, so does the war for talent. The hard truth is that many businesses will not survive the pandemic. However, for the survivors, coming out strong may mean leveraging their current condition. While everyone is talking about furloughs and layoffs, a number of savvy CEOs are quietly hunting for talent. At the end of September, the…
-
As corporate real estate advisors, we help businesses make the best possible real estate decisions they can and, for some companies, purchasing commercial real estate in lieu of leasing makes a lot of sense. For those businesses, it’s not only important to identify the right property, but to understand all of the financing options available to them so they can…
-
Hughes Marino has, since its inception, believed in educating our clients and informing them of all of their real estate options. Depending on the circumstances, the best option may be to lease space, purchase a building, or construct their own space from scratch. During the complex process, our clients may have lease audit concerns, construction management issues, and in many…
-
On a Sunday afternoon in early 2016 I sat down to watch The Pro Bowl—the NFL’s version of an all-star game. For those of you who follow professional football, you know that the game can be a little underwhelming to say the least, so my attention was split between the game and answering emails. While my focus began to switch…
-
It should come as no surprise that the internet is one of the most widely used tools for searching for real estate. Companies like Zillow have secured real estate’s foothold on internet search patterns and consumers are usually better off for it. What is less understood is how companies use the internet to aid them in their corporate real estate…