A recent Real Estate Weekly article, LI department store to become last-mile warehouse, highlights how a old department store in Nassau County is going to be repurposed into a last mile warehouse distribution center. As the article explains Upon the tenant’s exit, Sanders will be repositioning the building for industrial use, modernized to feature current user requirements, including high ceiling…
Export Delaware held another one of their highly informative webinars. This time was focusing on growing your business exports to Germany, Switzerland, and Austria. The presentation was full of excellent information for any local business looking to grow their exports to Europe. For businesses in Delaware looking to grow their exports, the Port of Wilmington offers excellent opportunities for growth and…
Great opportunity for Delaware business owners this morning. The team at Export Delaware is putting on a webinar at 10 am May 18th, Proactive Strategies for Increasing your Business in Europe. (You can register here – https://buff.ly/2TiFq0f) About the Webinar: Live from Europe, Hear a Market Update from Delaware’s Trade Representatives About this Event Join us for a free Zoom meeting addressing…
LehighValleyLive.com has a look at how current market conditions could impact the demand for Industrial real estate and warehouses in the Lehigh Valley. The Lehigh Valley emerged from the Great Recession at the forefront of the e-commerce explosion, becoming the mid-Atlantic’s warehousing and distribution hub in the span of a few years. Developers flooded the market, snatching up cheap land…
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…
