Anthony Crivello

Three Challenges to Industrial Real Estate Conversions

The industrial real estate crunch shows no signs of relief any time soon, with some experts now saying we can expect low availability through 2023. With industrial demand soaring and rents still climbing, industry stakeholders have explored numerous ways to create new industrial inventory. One way involves converting underutilized commercial real estate properties from other verticals for industrial use. With no shortage of unused office or retail space on the market, desperate industrial tenants may wonder why those properties can’t be used as warehouses or ... Read More

FOX 6 | Milwaukee Police Department Safety Project Funded, Private Gifts

As first published by FOX 6 News. A safety project to install bullet-resistant glass at all of Milwaukee's police district stations got a huge boost on Tuesday, April 12. The Milwaukee Police Foundation announced on Tuesday substantial gifts from private entities, led with gifts of $65,000 each from former Milwaukee County Executive Chris Abele, Phoenix Investors and Klein Development. Together with a $65,000 donation from the Police Foundation, a news release says these funds will be used to increase police district security throughout Milwaukee. The push ... Read More

Is Micro-Fulfillment Still Growing?

Retailers have implemented numerous strategies to keep up with the steady uptick in e-commerce sales the sector has experienced since the onset of the pandemic. While the most notable approach has been a dogged pursuit of traditional warehouses in primary consumer markets, real estate stakeholders have also become more creative. From vertical warehouses to store fulfillment, retailers have stepped outside traditional fulfillment models to place inventory closer to online shoppers and meet demands for same-day, next-day, and two-day shipping. Micro-fulfillment has gained significant traction since ... Read More

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