What’s Driving Record Industrial Real Estate Demand
A boom in e-commerce and shifting population densities as well increasing transportation costs are making industrial real estate a “can’t miss.”
A boom in e-commerce and shifting population densities as well increasing transportation costs are making industrial real estate a “can’t miss.”
Sophisticated technology and infrastructure attributes, friendly wage rates, multilingual skilled labor, and sometimes surprising real estate deals make the Caribbean islands an attractive option for investment.
With employees working remotely, school being held virtually, and everyone being entertained via the Internet during the COVID-19 crisis, growth of these mission-critical facilities accelerated and will continue to do so.
Southeastern U.S. ports are pursuing aggressive infrastructure expansion projects to accommodate larger vessels and more cargo.
As the need for industrial development grows and requirements for coal-fired decommissioning increase, land repositioning can offer a mutually beneficial solution.
When moving manufacturing out of China, there’s a lot to consider, e.g., employment contracts, retrieval of tooling and molds, IP protection, and taxes and fees.
Pandemic-related project delays have prompted manufacturers to investigate alternative project-delivery approaches to make up for lost time.
As expected, the COVID-19 pandemic has affected our corporate readers’ location plans and priorities as they increased their resiliency efforts.
Those responding to the Consultants Survey express optimism about their clients’ plans for the year ahead while acknowledging their increased focus on costs and logistics going forward.
The results of our 35th annual Corporate Survey and 17th annual Consultants Survey reflect changes brought about by the COVID-19 pandemic, including a temporary and/or permanent transition to remote work and an increase in the importance of quality of life.
Area Development’s editor recently asked PPG’s Tim Knavish — who is responsible for the architectural coatings business in USCA, EMEA, and Asia Pacific regions, the global automotive refinish business, the Latin America region, and the digital and information technology functions — about his company’s response to COVID and important operating concerns.
As online sales have surged so have purchase returns, resulting in reverse logistics challenges for shippers.
Despite the bleaker impacts of COVID-19, the pandemic has created the opportunity for construction technology adoption to dramatically accelerate.
Companies are considering reshoring operations for better supply chain management and are creating jobs in the process.
The global pandemic may be taking the U.S. back to the days of regional manufacturing, simplifying supply chains and making us more self-sufficient.
Entrepreneurism will be the “shot in the arm” the economy so desperately needs to recover.
The new administration’s Executive Order may provide the impetus for those companies considering U.S. manufacturing projects to proceed.
Receive quarterly issues of Area Development Magazine at no charge for qualified executives and consultants to industry.
Corporate Exec Survey Results
Leading Metro Locations
Top States for Business
Annual Econdev Awards