Redevelopment of the Year for Roanoke

Former GE Plant Gets New Life With Global Vehicle Parts Manufacturer’s $32 Million Investment As first published by Allen Johnson & Christian Taylor for CoStar. The revival of a former General Electric plant has shown the strength of the Roanoke, Virginia industrial market with a big new tenant and plans for expansion. STS Group, a global supplier of vehicle parts, signed a 15-year lease at 1501 Roanoke Blvd.in Salem, Virginia. The German company seeks to establish its North American headquarters and a manufacturing operation on ... Read More

3 Reasons Why the Industrial Real Estate “Slowdown” Is Overblown

During the height of the pandemic, skyrocketing ecommerce activity created skyrocketing demand for fulfillment centers around the United States. As a result, vacancy rates for industrial real estate fell below 1% in key markets. Developers and investors went all-in on speculative projects as they tried to keep pace with growing demand. Then, in 2023, the economy took a negative turn, and consumers pulled back on their spending. The national vacancy rate for industrial properties hit 5.2% at the end of 2023 as retailers got rid ... Read More

2024-08-02T17:53:45+00:00March 12th, 2024|Blog|

Will Your Industrial Buildings Bolster Your Climate Reporting?

As the impacts of climate change become more apparent, investors have increasingly incorporated corporate responsibility into their investment strategies. These attitudes are reflected in proposed rule changes from the U.S. Securities and Exchange Commission (SEC) that would require publicly traded organizations to disclose climate data to investors to facilitate informed investment decisions. For industrial businesses, statistics about the impact on the environment are alarming. Accenture says supply chains produce about 60% of all carbon emissions globally. The World Economic Forum reports that one-fifth of ... Read More

2024-08-02T17:55:25+00:00February 6th, 2024|Blog|
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