
CONSULTANTS COMMENTARY

Brett Hunsaker, executive vice president and regional managing director at Newmark Grubb Knight Frank

Bill Luttrell, senior locations strategist at Werner Enterprises

Christopher B. Schastok, vice president at Jones Lang LaSalleg

Thomas Stringer, Business Advisory Services, Ryan & Company
The proportion of survey respondents who’ve increased their number of facilities outpaces those who’ve reduced facilities by a factor of three — this jibes with our experiences; the demand for new sites/locations is definitely on the rise.
What also is striking is the share of respondents who seem content to continue in their current global deployment. Despite all of the talk of “reshoring” only 3 percent of the respondents anticipate bringing a foreign facility back to the United States, while an equally small number plan to move offshore.
Finally, we note that fully 70 percent of corporate responders believe that incentives are somewhat or very important to their location decisions. This too is confirmed by our experiences and should help counter perceptions to the contrary that may have arisen as a result of recent negative and (in our opinion) biased coverage of incentives in the national media.