Anthony Crivello

Will Multi-Story Warehouses Become the Norm?

As consumer shopping habits keep shifting online, the industrial real estate sector has struggled to keep pace. The e-commerce boom drove a shortage of 300 million square feet of warehouse space by the end of 2021, while global supply chain disruptions have continually slowed the development of new inventory. Even when building materials become readily available again, it will most likely take several years to clear the backlog of warehouse projects and provide enough new warehouses to meet market demands. The warehouse challenge becomes even ... Read More

What Does it Take to Make a Warehouse “Food-Grade?”

Storing and handling food products requires special considerations beyond the scope of what a standard warehouse can provide. Proper storage for food items requires strict compliance with various federal, state, and local regulations to ensure that the food remains safe for consumption during its journey through the supply chain. Warehouses that meet regulatory standards and certifications for food storage are considered “food-grade.” What is a Food-Grade Warehouse? First and foremost, food-grade warehouses in the United States must achieve registration with the U.S. Food and Drug ... Read More

Can Industrial Real Estate Handle the Safety Stock Boom?

At the height of the COVID-19 pandemic, retailers started to run out of inventory, and manufacturers ran out of raw materials to make more. As a result, stockouts among U.S. retailers jumped from 14% in 2019 to 35% in May of 2020. Nearly two years later, many retailers continue struggling to keep goods on the shelves in the face of increased demand. Many manufacturers still can’t get the essential components they need, such as semiconductors, steel, wood, and much more. These ongoing inventory shortages have ... Read More

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