HOW WILL COMMERCIAL BUILDING MANAGERS BUDGET FOR THE UNKNOWABLE?
The summer has not brought much good news on the COVID-19 pandemic. The number of people infected is rising across much of the country. Hospitalizations and deaths are creeping back up. In many states and cities, reopening has been delayed or even rolled back. The fast-emerging consensus is that it will be a while—perhaps 2022—before […]
NAIOP: CORONAVIRUS WILL ACCELERATE THESE COMMERCIAL REAL ESTATE TRENDS
The coronavirus outbreak will accelerate commercial real estate trends that had been forming and cause dramatic changes in the industry faster than had been anticipated. The crisis will result in some short-term contractions in the industry, but will lead to a long-term expansion for commercial real estate generally, particularly in the industrial and warehouse sector. […]
THE CORONAVIRUS WILL ACCELERATE THE SHIFT TO SMALLER WAREHOUSES
the industrial sector became accustomed to gigantic, one-million-squarefoot warehouses. But Adam Roth, an executive vice president with Oakbrook, Ill.-based NAI Hiffman, thinks that soon may be changing. “What I’ve found is by far the driver of real estate and site selection is transportation,” says Roth, who has a background in logistics and real estate. Roth […]