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Global outsourcing has become increasingly popular in recent decades as companies pursued lower production and logistics costs. China, in particular, became a hotbed for contract manufacturing and supplier sourcing thanks to their large and affordable labor pools. As communication technologies improved, working with businesses anywhere in the world became easier than ever before. When the COVID-19 pandemic shut down factories in China, the global supply chain was woefully unprepared and ground to a halt. As the initial wave of the pandemic begins to subside, supply ... Read More

As the United States continues to battle the ongoing pandemic, various trends have emerged in the area of industrial real estate. An e-commerce boom continues to drive demand for general warehousing and distribution space, while a continuing surge in online grocery sales has strained the cold chain and led to increased demand. This article will discuss industrial site selection and how it has been impacted by the COVID-19 pandemic. Changes in Site Selection Priorities In light of shifting demands and requirements, here are some changes ... Read More