In recent years, the rise of electric vehicles (EVs) has been nothing short of revolutionary, fundamentally transforming the automotive industry and paving the way for a more sustainable future.
The history of Wells Fargo is an intriguing tale of transformation and innovation within the supply chain industry. What began as a humble stagecoach business in the 19th century ultimately transitioned into one of the largest and most influential banking institutions in the United States.
Office-to-residential conversions are becoming increasingly common in densely populated cities across America.
While affordable housing policy (or lack thereof) has had a profound impact on multifamily development in New Jersey over the past 5 years, it is becoming increasingly unclear what impact this will have on development in the next 5 years.
AI (Artificial Intelligence) has the potential to transform the commercial real estate brokerage industry in numerous ways. Here are five ways AI may affect commercial real estate brokerage in the future.
The unforeseen collapse of California-based Silicon Valley Bank has not only largely impacted the global financial industry but has caused a rippling effect throughout the economy.
The port of Newark, New Jersey remains the largest container port on the East coast. The port supports over 400,000 jobs and has generated almost $8.5 billion in local, state, and federal tax revenue over the past decade. With import and export routes ranging from Asia, Europe, and Latin America, it has facilitated over 85 million tons of cargo worth more than $211 billion.
As we get further away from the height of the COVID lockdown and the threat of recession looms, more employers are leaning on their employees to return to the office. Not all office properties are created equal; some will fare better than others. What types of office properties in New Jersey are going to be best positioned for an office comeback?
The looming repercussions of the lockdowns forced the hands of lawmakers to subsidize its’ citizens to stay home and lower interest rates to stimulate the economy. This was an unprecedented global phenomenon. The after-effects of this would create massive inflation, and increased demand for goods, especially automobiles and luxury items as well as construction. This unparalleled demand created an enormous strain on the supply chain both on the production/manufacturing end as well as the warehouse logistics end.
During the early stages of the Covid pandemic, supply chain disruptions due to plant shutdowns and widespread employee shortages resulted in price increases as demand rapidly outweighed supply. Consumers have remained burdened with high prices on most goods, and prognosticators are predicting that costs will remain high or continue to increase moderately for the foreseeable future.
For the experienced investor, a checklist and due diligence results in confidence in the process. For a novice investor, ignoring some of these steps can result in a failed investment. While this is by no means an exhaustive list, it’s a starting point highlighting some considerations before purchasing land.
Industrial Outdoor Storage sites, aka Industrial Service Facilities, seen in many headlines today as ISO or ISF, are not a new phenomenon, though the pace at which they have been …
Online retail sales surged over 40% in 2020 fueled by the Coronavirus pandemic. With overall easing of pandemic rules and society getting back to school, work, and leisure activities we …
Industrial real estate, and more importantly, logistics real estate, serves as the conduit everyday consumers have become accustomed to receiving goods and services. Warehouses provide for product storage, truck terminals and distribution centers bring the product one step closer to the consumer while storage yards for trucks, trailers, and containers allow for the aggregation of equipment necessary to match the product to the consumer. The consumer, however, is the catalyst that dictates how each of these components thrives or declines, and ultimately interacts.
Formula 1 has turned the eyes of the world onto growing American cities. With eyes comes tourism, and with tourism, comes infrastructure, jobs, and growth. F1 has smartly partnered with American cities destined for growth, and tech companies have followed suit.