‘Research’ Archive

Chaos At The West Coast Ports: Logistical Nightmare As Congestion Reaches Historical Proportions

The problem, which began in late summer, initially stemmed from a shortage of truck drivers and the chassis that they use to haul containers to and from the Los Angeles shipping terminals. As peak season has begun, there are not enough chassis to handle the peak season container volume. Those shortages had occurred as U.S. […]

Black Friday By The Numbers

My family and I recently moved into a new house that is walking distance to our superregional mall. That means that I can walk through the traffic jams to witness one of the great retail spectacles of the modern era—Black Friday. In many households, a firmly established tradition of the Thanksgiving holiday weekend, right up […]

Speculative Construction: Northeast Perspective

For the first time in over 10 years, a significant quantity of speculative construction is taking place in many U.S. cities. Developers have demonstrated renewed confidence in market fundamentals by starting speculative projects in the northeast cites of Boston and New York.

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 […]

Vacancy Rises As São Paulo Demand Grows

Over the last year and a half, São Paulo vacancy has jumped 3.1 percentage points for all CBD class A properties. Historical analysis of vacancy rates show that 15% is the market’s equilibrium point, so in second quarter 2014 São Paulo officially became a tenant’s market.

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, […]

Sticker Shock for Landlords and Tenants in D.C.

As of January 1, 2015, commercial office building taxes will be assessed using a pooled market value—a comparison of similar properties to recently sold assets of the same class and submarket. This marks a sharp change from the current method that considers factors such as current vacancies and tenant roll-over, concessions offered, and building profitability, […]

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 […]