Roadblocks Continue to Inhibit New Industrial Real Estate Supply

While there is no shortage of demand for industrial real estate in the United States, supply won’t catch up with that demand any time soon. Though COVID-19 fueled a massive shift toward e-commerce, shoppers are expected to keep buying online once the pandemic subsides. Meanwhile, companies have implemented plans to regionalize supply chains and reshore manufacturing assets to the United States. Other growth drivers for industrial real estate include a rising need for cold storage due to vaccine storage and online grocery fulfillment and a growing need for data centers to support the expanded use ... Read More

2021-09-24T22:17:28+00:00September 24th, 2021|Anthony Crivello, Articles, David Marks, Frank Crivello, Frank P. Crivello, Kurt Jensen, Milwaukee, Phoenix Team|
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Online Grocery Popularity Presents Ongoing Supply Chain Challenges

Most grocery sellers found themselves ill-prepared for the dramatic shift to online shopping that occurred due to the COVID-19 pandemic, and these businesses have spent the last year and a half struggling to implement affordable and effective omnichannel fulfillment capabilities. Before 2020, grocery delivery was primarily a luxury found in large metropolitan areas, and only about 4% of grocery shopping happened online. Now, online grocery is expected to double its market share by 2025. With online grocery shopping here to stay, grocery retailers now ... Read More

2021-09-10T02:19:59+00:00September 10th, 2021|Anthony Crivello, Articles, David Marks, Frank Crivello, Frank P. Crivello, Kurt Jensen, Milwaukee, Phoenix Team|
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The Industrial Real Estate Boom Isn’t Going Anywhere

While other commercial real estate (CRE) sectors struggled during the COVID-19 pandemic, industrial real estate barely stumbled at all. As shoppers shifted their purchases online to avoid crowded stores, the ensuing eCommerce boom created a spike in demand for distribution centers and warehouses that continues today, more than a year and a half later. In addition, online grocery purchases and vaccine development initiatives created a rush on cold storage, an oft-neglected subsector of industrial real estate. Companies seeking to shorten their supply chains through ... Read More

2021-09-09T14:50:44+00:00September 9th, 2021|Anthony Crivello, Articles, David Marks, Frank Crivello, Frank P. Crivello, Kurt Jensen, Milwaukee, Phoenix Team|
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