A strong industrial real estate market will continue into 2023

SalesMoney MattersInflation
Written By Jennifer Joslyn

Companies are still showing major interest in expanding their footsteps in the short term, mainly by obtaining warehouse space. The growth of e-commerce sales is still ongoing, and the easiest way to protect one’s inventory is by keeping it in-house as long as possible.

John Morris, president of Industrial & Logistics in the Americas for CBRE, has stated that the industrial market’s strong demand shows no signs of slowing down and that adding distribution and warehousing space is a logically wise move.

Read more from MHL News ▶

Featured
China and Russia Strengthen Supply Chain Ties Amid U.S. Warnings
China and Russia Strengthen Supply Chain Ties Amid U.S. Warnings

China and Russia recently committed to maintaining stability in their industrial supply chains.

TSMC's Arizona Expansion Boosted by U.S. Government Funding
TSMC's Arizona Expansion Boosted by U.S. Government Funding

Taiwan Semiconductor Manufacturing Co. (TSMC), a global leader in semiconductor fabrication, is set to receive a significant boost in the U.S. with up to $6.6 billion in funding from the U.S. government.

Monaco Mogul's Carmel Property Spree Sparks Local Concern
Monaco Mogul's Carmel Property Spree Sparks Local Concern

A foreign billionaire's rapid acquisition of properties in Carmel, a picturesque coastal town, has sparked concern among locals.

Amazon, SpaceX, and Trader Joe's Challenge Constitutionality of Labor Board in Legal Battles
Amazon, SpaceX, and Trader Joe's Challenge Constitutionality of Labor Board in Legal Battles

Amazon, along with SpaceX and Trader Joe's, is challenging the constitutionality of the National Labor Relations Board (NLRB) in legal filings.

Zara's Billionaire Owner Dives into California Real Estate Market as Landlord for Walmart
Zara's Billionaire Owner Dives into California Real Estate Market as Landlord for Walmart

Zara's billionaire founder, Amancio Ortega, is further expanding his logistics network in the U.S. with the acquisition of a logistics center in Inland Empire, California, for $109 million.

Enhancing Worker Safety by Eliminating Heavy Lifting
Enhancing Worker Safety by Eliminating Heavy Lifting

New advances in computer vision are improving worker safety by addressing the deficiencies that have hindered robotic automation in taking over dangerous tasks for workers.

Bronx Logistics Center in Hunts Point Earns Prestigious LEED-Platinum Certification
Bronx Logistics Center in Hunts Point Earns Prestigious LEED-Platinum Certification

The Bronx Logistics Center in Hunts Point has achieved LEED v4 Platinum certification, making it one of the few distribution buildings in the US with this prestigious rating.

City Grants Permit for Construction of Building 1 Warehouse at Edgewood Logistics Center
City Grants Permit for Construction of Building 1 Warehouse at Edgewood Logistics Center

City permits have been issued for the construction of Building 1 at the W. 12th/Edgewood Logistics Center in Jacksonville.

Labor Department Initiates Program Aimed at Reducing Warehouse Injuries
Labor Department Initiates Program Aimed at Reducing Warehouse Injuries

The Department of Labor has launched a three-year "national emphasis program" aimed at improving workplace hazard prevention in warehouses, distribution centers, processing facilities, and high-risk retail establishments.

How Modern WMS Transforms Operations
How Modern WMS Transforms Operations

This article emphasizes the importance of warehouse visibility in optimizing operations, enhancing customer service, and staying ahead of the competition.

OSHA Increases Focus on Warehouse and Distribution Center Safety
OSHA Increases Focus on Warehouse and Distribution Center Safety

OSHA, the Occupational Safety and Health Administration, has launched a national emphasis program aimed at reducing workplace hazards in warehouses, distribution centers, and similar facilities.

Hallmark Strengthens Distribution Network with Second Liberty Facility
Hallmark Strengthens Distribution Network with Second Liberty Facility

Hallmark has opened a second distribution center, named Liberty II, in Liberty, Missouri, as part of its efforts to optimize and centralize its distribution network.

Automation Drives Productivity and Competitive Advantage in the Warehouse
Automation Drives Productivity and Competitive Advantage in the Warehouse

As the labor market becomes increasingly tight and costly, companies are turning to automation to meet rising demand, boost productivity, and enhance customer experience in e-commerce and B2B operations.

Walmart Unveils Largest Fulfilment Center to Strengthen E-Commerce Expansion
Walmart Unveils Largest Fulfilment Center to Strengthen E-Commerce Expansion

Walmart has opened its largest fulfillment center in McCordsville, Indiana, as part of its e-commerce growth strategy to reach 95% of the US population within two days of ordering.

Industrial Vacancy Rates Show Softening in Tight Market, Reflecting Economic Slowdown
Industrial Vacancy Rates Show Softening in Tight Market, Reflecting Economic Slowdown

Cushman & Wakefield's report indicates a slight increase in industrial vacancy rates during the second quarter, signaling a softening in the demand for warehouse and inventory storage space.

Think Tank Urges Government to Implement Policies in Support of Warehouse Automation
Think Tank Urges Government to Implement Policies in Support of Warehouse Automation

A think tank, the Information Technology and Innovation Foundation, has called on policymakers to support the adoption and innovation of robotics in warehouses to enhance labor productivity, worker safety, delivery times, and supply chain resiliency.

XPO Logistics Expands Salt Lake City Service Center
XPO Logistics Expands Salt Lake City Service Center

XPO Logistics, a prominent freight transportation provider in North America, has completed the expansion of its Salt Lake City service center.

The Home Depot Unveils Ambitious $500 Million Cost-Savings Initiative
The Home Depot Unveils Ambitious $500 Million Cost-Savings Initiative

The Home Depot is embarking on a cost-saving initiative worth $500 million to optimize its supply chain and reduce fixed operating costs.

Target Strengthens Reach with New Extension Facility
Target Strengthens Reach with New Extension Facility

Target has opened its first extension facility in Smyrna, Georgia, allowing the retailer to reach an additional 500,000 customers for next-day delivery in the Atlanta area.

Amazon has unveiled its new complex, known as "HQ2," in Virginia
Amazon has unveiled its new complex, known as "HQ2," in Virginia

Amazon has introduced the first phase of its new headquarters complex, "HQ2," in Arlington, Virginia.

CapRock Partners has completed getting 22 acres of land within North America's largest planned logistics business park
CapRock Partners has completed getting 22 acres of land within North America's largest planned logistics business park

CapRock Partners has acquired a 22.1-acre parcel within the World Logistics Center master plan in Moreno Valley, California.

Rocky Mountain Chocolate Factory streamlines warehousing
Rocky Mountain Chocolate Factory streamlines warehousing

Rocky Mountain Chocolate Factory is implementing measures to achieve $1.2 million in annual cost savings across its supply chain.

2030 Projection: Significant Increase in Demand for Robots for Inventory Picking
2030 Projection: Significant Increase in Demand for Robots for Inventory Picking

Inventory picking robots are autonomous machines designed to retrieve items from shelves or storage locations in a warehouse or fulfillment center.

Warehouse Leases of 3PLs Exceed Those of Retailers
Warehouse Leases of 3PLs Exceed Those of Retailers

Reports are now showing that in 2022, 3PLs accounted for 41% of all lease transactions in warehouses and distribution centers that have at least 200,000 square feet.

Slowdown Looms for U.S. Warehouse Capital
Slowdown Looms for U.S. Warehouse Capital

The Inland Empire of Southern California has been experiencing a significant slowdown since the height of the pandemic.

Chick-fil-A is heading to Kansas City
Chick-fil-A is heading to Kansas City

The fast food favorite for fried-chicken lovers across the United States has announced its plans to construct its fifth U.S. distribution center.

Target’s $100 million investment will bring your packages to your front door faster than ever
Target’s $100 million investment will bring your packages to your front door faster than ever

If you’re a fan of the retailer, Target… well then you’re in luck.

Bloated inventory glut up 50% in Under Armour’s supply chain
Bloated inventory glut up 50% in Under Armour’s supply chain

A 50% increase in inventory can be difficult for a retailer due to the need for additional storage space, strain on cash flow, increased risk of stockouts, and additional challenges in inventory management.

Consumers are dealing with renewed inflation, and inventory gluts may be to blame
Consumers are dealing with renewed inflation, and inventory gluts may be to blame

When there is an inventory glut, it means that there is more supply of a particular product than demand for it.

Warehouse workers trust robots as partners, in a new survey
Warehouse workers trust robots as partners, in a new survey

According to “Competing for The Warehouse Workforce of the Future”,  a study commissioned by Lucas Systems of 500 on-floor warehouse workers, 3 out of 4 workers say that they trust robots to assist them to perform better at work.

Jennifer Joslyn
Previous

The European Union and the United States are toe-to-toe over the Inflation Reduction Act
Next

U.S. plastic manufacturing is back on the up and up