Don't hold your breath waiting for that life sciences project to be completed in the near term.
Like most commercial real estate, that sector is plagued by delays in obtaining materials, according to a new report from Cushman & Wakefield.
The firm projects lead times stretching from four weeks to nearly two years for generators, electrical switch gears, electrical panels, chillers, AHUs, and elevators.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
