Ports and occupiers are facing innumerable challenges brought on by increased demand, supply chain delays and shortages of drivers who move materials after they’ve been unloaded from container ships. Nicole Bennett, executive managing director, logistics & industrial co-lead, Americas, Cushman & Wakefield, moderated a session at I.CON West: The Industrial Conference this week and posed […]
The neighboring ports of Los Angeles and Long Beach have attracted substantial attention from the press, economists and industrial real estate developers as a surge in imports during the COVID-19 pandemic continues unabated. Increased shipments have translated to long lines of container ships anchored off the coast of Southern California and similar congestion within each […]
California is the biggest user of cold storage in the U.S., with over 16.5 million square feet of cold storage space according to the Los Angeles Times, and the ports of Los Angeles and Long Beach have more than doubled their refrigerated container capacity in recent years to address increasing import and export demand. Attendees […]
The right design may be the key to achieving the flexible, experiential physical workplace of the future – but it’s only half the battle. Even the most flawless blueprint requires seamless construction delivery to unlock its maximum potential. Smooth construction may sound like an oxymoron given conventional project management, where the risks of delay, hassles […]
Often in large development projects, design and construction teams focus on completing the building for the occupants’ short-term needs – about five years out from completion. Yet modern buildings have the potential to reach a lifespan of 30-50 years before requiring major renovations, according to Getty Conservation Institute. As climate change worsens and building resiliency […]
On a seven-mile stretch of Arkansas roads this fall, retail giant and tech innovator Walmart began testing a new type of delivery truck: autonomous vehicles running a loop route that requires the truck to navigate intersections, obey traffic lights and merge on dense roadways. Notably missing? A driver. These trucks are the first ever on […]
After the initial shock of the pandemic, industrial real estate emerged as one of the asset classes least affected by the ensuing economic downturn. While the causes are multifaceted, the sudden spike in demand for products ordered and curbside pick-up meant that retailers – both online and brick-and-mortar – scrambled to secure the space they […]
Complex factors – including the COVID-19 pandemic, weather, clogged ports, labor shortages and many more – are fueling the ongoing disruption of global supply chains, which is putting inflationary pressure on the global economy. A panel at NAIOP’s I.CON East, held this week in Jersey City, New Jersey, discussed these problems, as well as practical […]