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 […]
COULD COVID-19 BENEFIT THE INDUSTRIAL REAL ESTATE MARKET?
There is no doubt COVID-19 will negatively affect many sectors of the real estate market, but not all industries will be impacted in the same way. Industrial real estate, in particular, may actually benefit from the current crisis. CBRE Group (NYSE: CBRE) published a market update on April 8, 2020, specifically relating to the impact […]