What I'm Reading Trade Off: In an effort to hedge against further rising costs, 3rd party logistics companies are expanding their domestic warehouse space to reduce the frequency of long distance shipping. This, in turn is driving demand for warehouse space higher. According to CBRE’s Supply Chain Advisory, transportation costs...
April 27th -The Great Migration
What I'm Reading The Churn: California is undergoing a major population shift, with coastal residents relocating to more inland locations in search of more space and a lower cost of living. Washington Post Its Time: Americans overwhelmingly believe that marijuana should be legal for recreational or medical use in the...
April 22nd – Sleight of Hand
What I'm Reading Sleight of Hand: WeWork is once again attempting to go public, this time via SPAC merger. However, the co-working company's aggressive projections and unconventional financial metrics are once again raising investor concerns about its viability. Globe Street More of the Same: When it comes to people moving during...
April 21st – Wait and See
What I'm Reading Wait and See: The office market is in for a long period of adjustment as tenants take a non-committal, wait and see approach to what the future will hold while scaling back gradually on their footprint. AVC Anti Establishment: Americans have unprecedented access to marijuana as numerous...
April 2nd – Go Time
What I'm Reading Go Time: Majority Leader Chuck Schumer is pushing the Senate toward lifting the federal prohibition on marijuana with legislation that would represent the biggest overhaul of federal drug policy in decades. The plan goes beyond decriminalization and is expected to remove marijuana from the list of controlled...
February 11th – Blunt Challenge
What I'm Reading Blunt Challenge: The number of marijuana stores in the U.S. is poised to grow in 2021 and 2022 as more states legalize the narcotic, the federal government toys with legalization at the national level, and already large sales chains seek to get larger. This despite often complex...
January 7th – Reading the Tea Leaves
One Big Thing Now that the elections have come finally, mercifully come to a close, I thought that it would be a good idea to take a look at the likely winners and losers both in the real estate sector and the economy as a whole. I’m going to do...
October 6th – Ridin’ High
What I’m Reading Ridin’ High: While the general election may still not be officially settled, one clear winner has emerged: recreational marijuana. Ballot measures passed in New Jersey, Arizona, South Dakota and Montana to legalize the adult use and sale of recreational cannabis, while Mississippi and South Dakota (in a separate...