Everyone remembers the eerie, apocalypse-like sight of empty shelf after empty shelf in the grocery store at the beginning of the pandemic. Stay-at-home orders combined with an immediate disruption of the supply chain sent people scrambling to stock up on an already limited inventory of items. The sight of toilet paper and paper towels on …
Where’s My Order? The Global Supply Chain Crisis and Its Impact on CRE Read More »
Most everything in our lives, and in Commercial Real Estate in particular, was affected by the COVID-19 pandemic. Retail took a nosedive and has begun a modest recovery; office remains floating in a sort of no-man’s land. But for the industrial sector, life continued almost as normal; certainly, there was no slowdown or abrupt halt in space demanded.
Demand for commercial asset services has bounced back from the virtual standstill of the early pandemic days.
The impact of the coronavirus pandemic and the supply chain problems it caused were felt throughout the commercial real estate industry.
Commercial real estate faced considerable headwinds in 2020 especially within the hospitality and retail sectors. While industrial continued to do well, office remained in a holding pattern with many companies taking a wait-and-see approach while the pandemic continues.
Owning and operating commercial property is no small feat. It also comes with a wide range of responsibilities. Whether you own an industrial, office, or retail space, there are many details to consider when looking for a property management company to partner with.
The trucking industry began experiencing an increasing number of difficulties in 2019. High costs, including rising insurance rates and tariffs made it increasingly difficult for companies to turn a profit. The rise in costs paired with high market saturation and falling shipping rates, led many companies to become unprofitable and they were forced to close. …
Turmoil in the Trucking Industry May Lead to New Opportunities in the Industrial Sector Read More »
Online Grocery and Meal Delivery Purchases In the last few years, online grocery shopping and meal kit delivery services have quickly become the new normal and a mainstay for much of the American public. Everything is moving toward online and at our door in an instant – which can prove to be a challenge for …
Cold Storage Is In High Demand and with COVID-19, The Demand Continues To Grow. Read More »
For new business owners that are considering leasing an industrial property, some of the decisions that need to be made can make it difficult to know where to start if you are unfamiliar with the sector.
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