‘Industrial’ Archive

The Drayage Industry Continues to Feel the Impact of Worsening Truck Driver Shortage and Chassis Problems at the Ports

Transportation budgets represent one of the highest costs for most shippers to get their products to the end customer. Driver salary is the second largest operating cost (behind diesel fuel) and the shortage of qualified drivers is perhaps the biggest factor pushing up the rates shippers pay for capacity. The drayage industry is already facing […]

Atlanta’s Industrial Market Sees Record Construction Activity

Industrial construction activity in Atlanta increased dramatically in 2014 ending the year with more than 15 million square feet of inventory under construction, a new record for the market. Although build-to-suit development accounted for the majority of industrial construction activity in recent years (an average of 76% between 2009-2013), 2014 marked a major shift in […]

The Corporate View of Sustainability

Sustainable real estate practices have become commonplace for any occupier that leases, owns, or operates corporate facilities. While the degree of emphasis placed on sustainability varies by organization, and is often tied to larger enterprise goals and objectives, a discussion about corporate social responsibility and being “green” is part of almost every occupancy decision made […]

Inland Empire – The Big-Box Capital of the U.S.

The sheer physical size of the Inland Empire is remarkable; combined, the two counties of Riverside and San Bernardino cover more than one-sixth of California, about the same area as the state of Virginia. Once home to one of the nation’s largest concentrations of dairy farms, the Inland Empire has evolved into the “big-box” capital […]

Industrial Build-To-Suit Projects Span Geographies

Industrial construction in the U.S. has increased significantly since the bottom of the recession. Historically, build-to-suit (BTS) construction has remained a smaller factor in the industrial market than speculative projects, although from 2010 to 2012 very little speculative industrial space was delivered as few developers would risk construction without a tenant in place. In 2011, […]

The Effects of the Panama Canal Expansion on U.S. Ports

The expansion of the Panama Canal is often referred to as a game-changer for global trade. The extent of the impact of Panama Canal expansion will depend largely on how U.S. ports and inland transportation providers invest in improvements to their infrastructure. With 65% of the canal’s tonnage either departing from or arriving to ports […]

New Jersey Industrial – Investors Want In

  The New Jersey Industrial market (Northern & Central New Jersey) has performed well during the last year and a half. Overall vacancy has fallen more than a full percentage point since year-end 2012 and tighter market conditions have supported 7.1% rent growth over the same period. Robust demand in recent quarters yielded more than […]

Bayou City Outpaces The Nation

Houston’s economy continues to add jobs well above the pace of the nation and in other large metropolitan areas. The unemployment rate in April was 4.6%, far below the national rate of 5.9%, with more than 85,000 jobs added over the last 12-months. The rate of job growth has averaged between 3% and 4% since […]

Positive Momentum For The Industrial Southeast

Cushman & Wakefield’s recent Southeast Industrial Client Webinar highlighted significant gains in the region’s fundamentals and indicate strong, positive momentum going forward. Construction, which has been confined mainly to build-to-suit or build-to-own opportunities over the past several years, saw solid growth on the speculative end, with over 2.5 million square feet currently under development. In […]

Construction On The Rise: Supply Barely Keeps Up With Demand In The Burgeoning I-81 And I-78 Distribution Corridor

Chances are if you’ve heard of them, they have a presence in the I-81/I-78 Distribution Corridor: Walmart, Lowes, Amazon.com, Nestle, PepsiCo, Procter & Gamble – and the list goes on. With access to over 50% of the U.S. population and 60% of Canada’s within a 24-hour truck drive, it’s not surprising that a wide range […]