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A shortage of construction and logistics workers has increased the cost of construction for developers and hampered the expansion and profitability of warehouse and distribution centers.
In his keynote address at I.CON East 2019, Joshua Harris, vice president of strategy at Skanska USA Commercial Development, provided insight into the state of the economy and key trends affecting the industrial real estate market.
Many suburban office parks in North America are now functionally obsolete due to their location, layout or limited amenities. A new report identifies ways that firms are revitalizing suburban office parks through redevelopment, rehabilitation and adaptive reuse.
Faced with competition from e-commerce and shifting consumer preferences, hundreds of traditional shopping malls have closed in recent decades, with many more closures expected in the coming years. A forthcoming report commissioned by the NAIOP Research Foundation will explore how developers are repositioning or completely transforming malls.
Ronald L. Rayevich is president of RayMar Associates, Inc., in Sarasota, Florida.
We asked some of our Governors and Visionaries: “What trends are you seeing in amenities for warehouses?”