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Industrial Real Estate Opportunities Expand Outside Major Markets

Many states have partially or fully reopened. In theory, this would allow employees to return to offices in at least some capacity. However, nearly 42% of the American workforce was still working remotely at the end of 2020, with more than 26% expected to continue doing so through 2021. With many workers no longer tied to a physical urban office, many U.S. workers have left expensive population hubs to live in less populated areas. Many Americans left unemployed by the pandemic also left major American ... Read More

2021-02-12T22:25:00+00:00February 12th, 2021|Articles, Frank P. Crivello, Milwaukee|

Finding Cold Storage Space in a Tight-Capacity Market

Though numerous industries rely on cold storage assets to safely store products, the U.S. cold chain wasn’t prepared for the massive surge in grocery e-commerce during the coronavirus pandemic. Online grocery sales grew by more than 50% year-over-year, pushing cold chain real estate near capacity across the country. The cold chain in the United States will need at least 100 million square feet of additional space over the next five years. The cold chain also has a cryogenic subsector that primarily serves the pharmaceutical industry. ... Read More

2021-02-10T20:03:52+00:00February 10th, 2021|Articles, Frank P. Crivello, Milwaukee|

Logistics Sector Steps Up to Distribute the COVID-19 Vaccine

When COVID-19 vaccines started receiving emergency approval at the end of 2020, it seemed a sure bet that vaccines would be readily available to the most vulnerable U.S. citizens by January 2021. Unfortunately, supply chain hiccups ultimately hampered the success of early distribution efforts. As the Biden administration strives to implement better federal oversight to stick to a promise of administering 100 million vaccines in its first 100 days, it is becoming clear that federal and state governments will need significant assistance from the private ... Read More

2021-01-29T18:58:29+00:00January 29th, 2021|Articles, Frank P. Crivello, Milwaukee|
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