What $100 Million Can Buy in Industrial Markets Near Major US Ports
The pandemic arguably transformed the industrial sector’s place in the commercial real estate hierarchy from overlooked contender to an investment-worthy darling, with buyers proving their willingness to pay record amounts for properties — especially those located near some of the nation’s largest ports.
U.S. Container Imports Are Plummeting to Close the Year
Inbound volumes at Southern California are below prepandemic levels as other gateways report sharp declines.
California Long Ruled U.S. Shipping. Importers Are Drifting East.
Sharpie maker Newell Brands Inc. is opening distribution centers in Pennsylvania and North Carolina to lessen dependence on seaports in California. Abercrombie & Fitch Co. is moving more merchandise through New York and New Jersey to avoid West Coast bottlenecks. Air-conditioning manufacturer Trane Technologies PLC is sending most of its cargo this year through ports in the South, instead of the Los Angeles area.
Institutions May Deploy Dry Powder for Real Estate Heading into 2023
Big investors may hunt for value-add and opportunistic plays in the coming year amid rising allocations.
Housing Market Predictions 2023: A Post-Pandemic Sales Slump Will Push Homes Prices Down
Mortgage rates will take center stage in 2023, with high rates likely to make it the slowest housing-market year since 2011.
10 illuminating questions to ask before partnering with someone
In business, it’s important to get to know someone as an individual before entering into any kind of partnership. If you understand a person and their motivations, and if you know you can work well with them, the relationship is much more likely to be fruitful for both parties. Whether you’re talking with a prospective client, investor, employee or even a vendor, you won’t regret taking the time to get to know them before moving forward. Below, members of Business Journals Leadership Trust share 10 illuminating questions you should ask someone before partnering with them.
IE Manufacturing Down for Third Straight Month
Inland Empire manufacturing is officially in decline.
Net Lease Cap Rates Continue to Expand
Increased borrowing costs and a decreasing amount of 1031 exchange investors hinder activity.
An Under-the-Radar Economic Indicator is Flashing a Warning Not Seen Since the 2008 Financial Crisis
An under-the-radar economic indicator is flashing a warning signal to the broader economy as consumer spending slows down. The indicator in question? Cardboard boxes.
How the Worst Drought in a Century Is Changing the Panama Canal
The Panama Canal is going through its driest spell in more than a century, and an extended lack of rainfall could saddle global supply chains with delays and higher fees to move cargo.
