Four Considerations When Siting a Smart Factory

Reshoring has become an effective method for improving a company’s supply chain resiliency. As U.S. businesses decouple from Asia and bring their production operations and supplier sourcing back to American soil, they will need viable industrial real estate properties that can handle the varying needs of modern manufacturing. One of the biggest changes facing these reshoring operations is labor, which is more expensive and less readily available in the United States.  As a result, many new U.S. factories must rely heavily on automation to ... Read More

2024-08-02T18:37:37+00:00July 5th, 2023|Blog|

Phoenix Investors sees mixed-use future for Nela Park in East Cleveland

Last year, Phoenix Investors purchased Nela Park in East Cleveland, a campus spanning over 90 acres, and took full control of the over two dozen buildings in early May 2023. Phoenix is considering pursuing historic preservation for the campus. Phoenix views Nela Park as a mixed-use redevelopment opportunity with the potential to create offices, labs, schools, etc. The property is currently 20% occupied by GE Lighting. East Cleveland public officials are optimistic that Phoenix will boost curb appeal and job creation through its redevelopment efforts. ... Read More

2024-08-01T21:47:58+00:00June 23rd, 2023|Blog, Milwaukee, Press|

3 Effects of the Inflation Reduction Act on Logistics

When the Inflation Reduction Act (IRA) was signed into law by President Biden on August 16, 2022, it was hailed as landmark legislation to combat the country’s deficit and lower inflation, all while promoting growth in domestic manufacturing and clean energy usage. But, despite its name, the legislation came about in response to more than rising inflation.   After years of supply chain instability spurred by trade wars and the COVID-19 pandemic, lawmakers were motivated to seek solutions that could improve the resilience of the ... Read More

2024-08-02T18:36:02+00:00June 2nd, 2023|Blog, Press|
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