The USMCA & the Industrial Real Estate Sector

As published in National Real Estate Investor Industrial real estate has been at the front of the commercial real estate pack ever since the COVID-19 pandemic caused an e-commerce boom and subsequent demand spike for warehousing, distribution, and cold storage space. While the coronavirus continued to dominate the headlines, however, the United States-Mexico-Canada Agreement (USMCA) quietly went into effect on July 1, 2020. The USMCA has its own set of implications for commercial and industrial real estate in the United States. The agreement replaced the North American ... Read More

2020-08-12T18:59:30+00:00August 12th, 2020|Articles, Frank P. Crivello, Milwaukee|

Industrial Rent Collection vs. Other Segments

As published in National Real Estate Investor The COVID-19 pandemic closed the doors of many businesses and forced consumers to stay home, causing a ripple effect throughout the commercial real estate sector. As consumer spending changed in some areas and stopped altogether in others, businesses suddenly found themselves struggling to pay rents. Consequently, property owners came up short on their mortgages, which has left banks struggling to collect payments or renegotiate payment terms. The impacts of coronavirus-related shutdowns vary based on the subdivided sectors that ... Read More

2020-07-15T18:38:35+00:00July 15th, 2020|Articles, Frank P. Crivello, Milwaukee|

COVID-19’s Impact on Industrial Real Estate

As published in National Real Estate Investor The coronavirus pandemic resulted in unprecedented disruption to the global supply chain. Food suppliers couldn’t get product where it needed to be to reach consumers. Retailers and e-commerce businesses ran out of essential goods such as toilet paper at the first whisper of stay-at-home orders and couldn’t restock because primary suppliers were shuttered. American manufacturers couldn’t access raw materials and key components for the same reason. As stay-at-home orders began to expand, manufacturers found themselves temporarily closed. Distribution ... Read More

2020-06-24T15:05:49+00:00June 24th, 2020|Articles, Frank P. Crivello, Milwaukee|
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