What I'm Reading Doubling Up: Demand for flexible warehouse space continues to increase and some property owners are taking advantage with co-warehousing options. Think WeWork, but for warehouses. Wealth Management Over the Falls: New home sales continue to fall sharply while prices for new and existing homes continue to increase...
July 19th – Head for the Border
What I'm Reading Head for the Border: Onshoring and nearshoring production trends will increase emphasis on logistics facilities near border locations and intermodal hubs with sizable rail and road infrastructures. San Diego, Detroit and San Antonio could emerge as winners as well as several Atlantic coast port cities. Globe Street...
July 1st – Scaling Back
What I'm Reading Scaling Back: As prices climb on restaurant menus and grocery-store shelves, some packaged-food makers see more Americans making meals at home to save money, while restaurant operators are changing their offerings to cope with increasingly price conscious consumers. Wall Street Journal Taking a Toll: Higher mortgage rates...
June 29th – June Gloom
What I'm Reading June Gloom: CRE market participants are increasingly negative as capital market woes take a toll. RCLCO released a new report saying that sentiment of real estate professionals has slipped nearly down to the range the firm associates with market distress and recession. Globe Street Today's CRE market...
June 14th – Taking the Plunge
What I'm Reading Jumping In: Big landlords are increasingly getting into the homebuilding business as demand for single-family rentals continues to surge. CNBC This is exactly what one should expect will happen given that the monthly cost of home ownership has doubled since January 2021. Priced Out: The cost of...
June 13th – Shedding SZN
What I'm Reading Shedding SZN: The popular narrative in the warehouse space is that Amazon has a glut of warehouse space and is looking to dump it via sublease. A closer look at Amazon’s plans to sublet warehouse space show that it is largely looking to shed traditional, mid-market warehouses...
June 3rd – Window of Opportunity?
What I'm Reading Window of Opportunity: Amazon's warehouse pullback is being viewed by some as an opportunity for logistics companies who have been largely boxed out by the e-commerce giant in recent years to pick up choice locations. Bisnow Instant Gratification: The recent proliferation of delivery apps that promise to...
May 24th – Shock and Awe
What I'm Reading Shock and Awe: Amazon has put 10m square feet of warehouse space on the market (it could reportedly go up to 30m sf) as the ecommerce giant deals with excess supply brought online during the pandemic. However, a deeper look tells a different story. The 10m sf...
May 19th – Cash Trap
What I'm Reading Cash Trap: The rapid appreciation of the dollar this year helps boost the exports of weaker countries while alleviating inflationary pressures in the US by lowering the cost of imports. However, it also translates into higher import prices, more costly external debt servicing and greater risk of...
May 16th – Running on Empty
What I'm Reading Running on Empty: Record low diesel inventories on the east coast of the US could lead to rationing with truck stop giants Love's and Pilot Flying J already warning truckers of an imminent shortage. Much of this is being driven by "insane" prices in Europe that are...