President Biden signed the Inflation Reduction Act (IRA) into law on August 16th, 2022, which, among other things, dedicates substantial federal investment into clean manufacturing and energy production. This legislation could have far-reaching impacts on the future of the industrial real estate sector, as new tax credits and government incentives will change the way architects and property owners design and develop new industrial buildings. 4 Areas Where the IRA Could Change Industrial Real Estate If the Inflation Reduction Act is to meet its goal of ... Read More

Traditionally, retail and e-commerce sellers must accommodate increased order volumes toward the end of each calendar year—especially between Black Friday and the end of December, when American consumers purchase most of their holiday gifts. This event is something that most retailers and third-party logistics (3PL) providers have learned to handle in their fulfillment centers after years of experience, often by hiring temporary warehouse workers to help out with the higher volumes. However, peak season has now become more difficult to manage thanks to the pandemic ... Read More

Beginning slowly in the 1970s and picking up pace in the 1990s, businesses from numerous countries started outsourcing manufacturing to China to benefit from a ready and affordable workforce. As this trend picked up speed, the country eventually gained the nickname “The World’s Factory.” Consequently, for most of the late 20th and early 21st centuries, you could find “Made in China” stamped on virtually everything from consumer electronics to furniture to athletic wear. Things change, however. For various reasons, China has begun to lose its ... Read More