CBRE

Data recently issued in a report by Los Angeles-based industrial real estate developer CBRE highlighted the impact that the ongoing COVID-19 pandemic had on the United States industrial real estate market, for both the fourth quarter and calendar year 2020.

The report, entitled “Q4 2020 U.S. Industrial & Logistics Real Estate Figures,” observed that the fourth quarter represented the strongest quarter on record, adding that it capped off a year of robust demand, with the outlook for 2021 looking very healthy.

While there has been a heightened sense of attention being paid to the overload of goods ordered online this holiday season, due, in large part, to the COVID-19 pandemic, one inevitable aspect of the frenetic pace of holiday-related e-commerce activity will be how much of an impact it will have on reverse logistics. That was a key theme of a report recently released by Los Angeles-based industrial real estate developer CBRE, entitled “Reverse Logistics Stress Test: Holiday E-Commerce Spike Will...

With the ongoing Covid-19 pandemic continuing to change myriad aspects of everyday life, holiday season shopping is not an exception, according to the 2020 U.S. Retail Holiday Trends Guide, which was issued this week by industrial real estate firm CBRE.

With the ongoing COVID-19 pandemic continuing to change myriad aspects of everyday life, holiday season shopping is clearly not an exception, according to the 2020 U.S. Retail Holiday Trends Guide, which was issued this week by Los Angeles-based industrial real estate firm CBRE. The wide-ranging report addresses various ways in which the 2020 holiday shopping season will be different from any other.

A research report pointing to ways in which the strategy can impact industrial site selection on various fronts. The CBRE research report, entitled “Changing Patterns of Trade Benefit U.S. Industrial Real Estate,” explained that while imports from Asia have historically entered the U.S. through West Coast ports, in recent years there has been an increase in companies adopting a regional distribution model with warehouses near growing population centers for quicker deliveries, as well as lower domestic transportation costs.

With the e-commerce boom during the pandemic, there’s very little available warehouse/DC space—consequently, developers continue to build at a bullish pace.

The main thesis of this report explained that 13.8 million square feet of United States retail space has now been converted to 15.5 million square feet of industrial space. But that is not solely a COVID-19 happening, as that data goes back to 2017, according to CBRE.

n a report, entitled “The Changing Flow of International Trade: Impact on Global Supply Chains & Industrial Real Estate,” explained that the need for United States shippers to spread out sourcing and manufacturing outside of China is being heightened by rising labor costs in China and ongoing trade conflicts, adding that diversifying supply chains throughout Asia, in what it called a multi-country strategy, or “China Plus One,” to “reduce supply chain dependency on China alone” is a strong approach.

In a report, entitled “The Changing Flow of International Trade: Impact on Global Supply Chains & Industrial Real Estate,” explained that the need for United States shippers to spread out sourcing and manufacturing outside of China is being heightened by rising labor costs in China and ongoing trade conflicts, adding that diversifying supply chains throughout Asia, in what it called a multi-country strategy, or “China Plus One,” to “reduce supply chain dependency on China alone” is a strong approach.

The CBRE report, entitled “Distribution Hubs Will Benefit from Increased Business Inventories & Supply Chain Restructuring,” said there could be a need for an additional 400 million-to-500 million square feet of industrial real estate space. That tally, according to CBRE Research, would be the rough equivalent of a 5% increase in business inventories.

The CBRE report, entitled “Distribution Hubs Will Benefit from Increased Business Inventories & Supply Chain Restructuring,” said there could be a need for an additional 400 million-to-500 million square feet of industrial real estate space. That tally, according to CBRE Research, would be the rough equivalent of a 5% increase in business inventories.

In a new research report, entitled “Industrial Development Slows Due to COVID-19-Related Delays,” CBRE found that 80%—or 16 out of 20—of the top U.S. markets for under-construction space, which represent 70% of total under-construction national inventory, have workers active and on site for essential projects.

In a new research report, entitled “Industrial Development Slows Due to COVID-19-Related Delays,” CBRE found that 80%—or 16 out of 20—of the top U.S. markets for under-construction space, which represent 70% of total under-construction national inventory, have workers active and on site for essential projects.

Demand for United States-based industrial cold storage space is on the rise, due to coronavirus, or COVID-19 as it creates “massive disruption in the food industry,” according to research issued this week by Los Angeles-based industrial real estate firm CBRE.