The head of the Federal Reserve Bank of Philadelphia, Patrick T. Harker, was speaking before Delaware business leaders and made some interesting comments on what he sees ahead for commercial real estate. The Delaware Business Times did an excellent job covering his remarks, Philly Fed chief: Delaware faces uneven recovery. Below are some interesting points he made. While commercial real…
As Jon Harris from The Morning Morning Call wrote, Massive warehouse in Allen Township, adjacent to FedEx, lands its tenant, more Lehigh Valley warehouse is being leased up. As Jon wrote the, “Another massive warehouse in the Lehigh Valley is spoken for — though no one is actually speaking about it. Geodis, a third-party logistics provider, signed a lease for…
Previously, we shared a post from Export Delaware on how US companies could benefit from exporting to Australia and New Zealand. For many businesses around Delaware and the Mid-Atlantic, backlash from the Coronavirus could mean opportunities in Australia. As many Australian and International media companies are reporting, there is a growing divide between Australia and China due to the Chinese…
InvestmentExecutive.com interviewed CEO of Vision Capital to get his thoughts on what changes could be coming to the commercial real estate market. The article titles, What will Covid-19 mean for commercial real estate?, offers his insights and how he sees a growth for the demand of warehouses. Olin expects Covid-19 to accelerate the movement away from bricks-and-mortar stores. Even businesses that…
Export Delaware hosted a webinar called, Opportunities for Delaware Exporters in Australia & New Zealand, which addressed he current state of play in the Australian and New Zealand markets, the future outlook, and tips for conducting international business in this challenging time. You can view the slides from the presentation here. For any companies looking to setup export operations in…
A recent article in Commercial Property Executive, Industrial Real Estate’s Positive Prognosis, highlights a number of positive trends which should increase the demand for warehouses especially in cities with ports, like the Port of Wilmington and Philadelphia port, and how those looking to sell a warehouse may find their property in high demand. The “just in time inventory “supply-chain strategy is suffering…
D Magazine in Dallas has an excellent article, CRE Briefs: Demand for DFW Industrial Cold Storage Space On The Rise, on the increased demand for refrigerated warehouse space around the Dallas Ft. Worth area in response to the Coronravirus. The COVID-19 pandemic is creating massive disruption in the food industry, according to a new CBRE report. As many consumers shelter…
Million Acres a Motley fool company has an interesting summary on the coming impact e-commerce may have on industrial real estate and the demand for warehouses. Their article, Prologis Plans for the Expansion of E-commerce, goes into a bit of the outlook Prologis has for warehouse space. Likely we’ll see a continued demand for warehouses as we continue to see…
This recent article from Connect Texas, Duncanville Warehouse Trades in Off-Market Deal, highlights the importance of engaging a local warehouse broker when looking to source off market warehouses for sale. The article mentions how, “a North Texas investor has closed on a fully leased 33,400-square-foot warehouse in south Dallas County…The 24-suite project was developed in the mid-1980s on a 1.8-acre…
Keith Larsen and Katherine Kallergis have an article on The Real Deal, A safe bet: South Florida’s industrial market could boom after pandemic, which highlights some of the reasons South Florida along with numerous areas of the country could see a boom in the need for warehouses and industrial real estate. Consumers, increasingly from older generations, will shift more of…
