Coronavirus is cause for considerable concern in the industrial real estate sector, especially in port markets, says Gregg Healy, who leads the supply chain and logistics consulting for real estate services firm Colliers International out of its Southern California office. The ports of Los Angeles-Long Beach, Oakland, Seattle/Tacoma and Portland handle a massive amount of trade with China.
NREI and Marcus & Millichap are currently conducting our quarterly Investor Sentiment study and an analysis of the findings will be presented in our quarterly Investment Outlook newsletter. This survey should only take a few minutes and you'll have the option to enter into a drawing for one of four $100 Amazon gift cards.
A developer in the South Bronx plans to include a freight-rail connection in the project to address congestion associated with the e-commerce boom, according to the Wall Street Journal. Miami hotels experienced record-breaking daily rates and revenue per available room, reports Forbes. These are today's must reads from around the commercial real estate industry.
