Increased activity in warehousing/distribution and production is predicted for a post COVID-19 world.
SAN FRANCISCO—An uptick in on-shoring especially in the pharmaceutical and life science industries, increased activity in warehousing/distribution and production post COVID-19, and a dwindling demand for office real estate as remote work continues were among findings of a survey on the impact of COVID-19 released by the Site Selectors Guild. Conducted in partnership with Development Counsellors International, the online survey of Guild members aims to inform both corporate decision makers and economic development organizations on how site selection trends are shifting.
"Our hope is that this new research will help corporate clients and economic development organizations understand and plan in this economic calamity," said Jay Garner, Site Selectors Guild board chair and president of Garner Economics LLC.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
