The future of bricks-and-mortar retail is strong in spite of the explosive growth we have seen in ecommerce during the Coronavirus pandemic, reports the commercial real estate services firm of Cushman & Wakefield. The share of retail sales that takes place…
Strong buyer demand pushed home builder confidence up in April even as builders continued to grapple with rising lumber prices and supply chain issues and consumers faced higher home prices due to a lack inventory. The National Association of Home…
The online grocery market finished March with $9.3 billion in sales, a return to January’s record spending levels, as over 69 million households placed an average of 2.8 online orders during the month, according to a grocery shopping survey conducted by…
The retail real estate industry is optimistic about the economic recovery and the innovative future of stores and shopping centers, according to a new ICSC survey of retailers and commercial real estate (CRE) companies. After safety protocols brought about…
The boom in retail sales in the United States also has driven a boom in the demand for warehouse space near seaports, according to the industrial real estate services firm CBRE. The result is that industrial markets at major U.S. port cities have come under…
The National Retail Federation says the retail import surge that began in the summer of 2020 is expected to continue during this summer as retailers work to meet increased consumer demand. “We’ve never seen imports at this high a level for such an extended…
Industrial property construction will hit a five-year high in 2021, topping 342 million square feet, according to CommercialSearch, the online commercial real estate marketplace. Overall, industrial property completions are set to increase by 24% over last…
The top North American markets for large warehouses (200,000 square fteet or larger) saw record transaction activity in 2020, with the total number rising 25%, according to CBRE. As has been widely noted, the surge in leasing activity stems from the…
Distribution firms want to be close to major air hubs to expedite speedy deliveries, but there often is a premium price to pay. According to the real estate services company CBRE, industrial rent premiums average 13% in the top U.S. airport submarkets and…
We will never go back to the same office, industrial and shopping environments that we took for granted just a little over a year ago, according to Christian Beaudoin, senior director of research for Jones Lang LaSalle Inc. (JLL). “After a year of research,…
The National Retail Federation forecasts that retail sales will grow between 6.5% and 8.2% to more than $4.33 trillion in 2021 as more people get vaccinated and the economy reopens. NRF said retail sales in 2020 grew 6.7% over 2019 to $4.06 trillion, nearly…
A global Gartner, Inc. survey of more than 1,300 supply chain professionals found that 87% plan investments in supply chain resiliency within the next two years, and 89% want to invest in agility. Cost remains a priority, challenging chief supply chain…