Author: Alex Foley
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The Industrial Real Estate Rollercoaster—Buckle Up!
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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…
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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…
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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…
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As COVID-19 unfolds, business owners who occupy office space are beginning to ponder from their “corner-living room office” when to safely reenter their workplace. Meanwhile, many occupiers of industrial space are already on their 2nd cup of coffee–on site. News from Stanford University indicates: “42 percent of the U.S. labor force is now working from home full-time. About another 33 percent are not…