Premier Industrial commercial real estate news, analysis, trends and information including warehouse, distribution, logistics, e-commerce, self storage and R&D space deals and players.
Combining manufacturing and a retail store creates a unique opportunity for customers to see behind the scenes and witness the creation of their favorite products, Klarif's Klarif Kim tells GlobeSt.com.
Multi-story warehouse development hasn't caught on quite yet in the US, but it's a big trend in some Asian countries that will require an overhaul of 18-wheelers to be fully realized here, Colliers' Mike Kendall tells GlobeSt.com.
For CRE in the warehouse distribution business, like with the shortage of qualified truckers, there is also a shortage of qualified workers. The answer now is AI and robotics.
For the first time in recent history, the vacancy rate for northern and central New Jersey's industrial market ended the year below four percent at 3.7 percent.
“Our client was near capacity and continues to grow their customer base, so this was an opportune time to optimize their distribution and transportation to drive delivery costs down and increase service levels,” says Colliers' Noah Balanoff.