Industrial

In preparation for our upcoming Woman of Influence marketing influencers, which will publish in the GlobeSt. Real Estate Forum July/August publication, we wanted to take a moment to recognize some of the leading ladies who have already made big moves in this space.

Frazier and Merck made news yesterday when in announcing its first quarter financial results, the pharmaceutical firm announced its intent to consolidate its New Jersey campuses into a single New Jersey headquarters location in Rahway by the end of 2023.

Township Capital, Triangle Equities Development and L&B Realty Advisors LLP are planning to build an enormous warehouse near John F. Kennedy Airport.

Shelter-in-place orders caused a sudden shift which has resulted in a demand surge across certain industries, with an emphasis on the crucial role that logistics real estate plays in everyday life, says a Prologis report.

The majority of survey participants anticipate that the economy will need at least 12 months to 24 months to fully recover from the pandemic while 30% of participants project a two-year to five-year recovery.

The market dislocation has created opportunity to acquire distressed loans, particularly for assets suffering from severe rent loss.

Conor planned to build a 335,000-square-foot speculative industrial facility but revised its plans when the retailer became involved with the project.

On Sunday, the governor outlined a phased plan to reopen New York that starts with the low-risk construction and manufacturing sectors.