Anthony Crivello

COVID-19 knocked every industry out of its familiar patterns. While office space, retail, hotels, and other sectors of commercial real estate suffered serious losses in 2020, industrial thrived on demand for fulfillment and warehousing space. Given the unprecedented nature of the global pandemic, it’s been difficult to determine what pandemic trends will remain in a post-pandemic world. All Americans will become eligible for COVID-19 vaccinations starting on May 1st, 2021, which has many business leaders focused on what a return to “normal” will look like. ... Read More

The e-commerce boom created a drastic increase in demand for industrial real estate, leaving many retailers and distributors tighter than normal on space in their warehouses and fulfillment centers. Though a larger structure or an additional facility may still eventually be in the cards, it may be possible to buy some more time from your current facility by getting the most out of the space you already have. If your warehouse has been in operation more than a couple of years, it’s likely that your ... Read More

Though the COVID-19 pandemic drove business away from brick-and-mortar retail and caused an e-commerce boom, some retail sectors were already struggling to keep physical stores open. More than 9,000 stores closed in 2019. With many additional retail spaces left empty by pandemic-related consolidations and bankruptcies, the commercial real estate sector has struggled to come up with viable alternatives for these properties. Some retailers and property owners have begun experimenting with retail-to-logistics property conversions to meet skyrocketing demand for fulfillment space. For example, Amazon recently opened ... Read More