Don’t look now but there is more and more data suggesting that manufacturing is returning to the United States. Now, before you jump up and down too much, no it’s not coming back in droves. However, it is coming back! Below find two recent articles in the Wall Street Journal talking about the recent shift […]
Thought
Many of you know I am a big Seth Godin fan. I think Seth “gets it”. Rather than talking about the successes of yesterday, Seth spends time talking about the need to come to terms with today and tomorrow. Our government continues to spend more time protecting the past rather than creating a future. We […]
Echoing a recent CoStar opinion, Prologis, the world’s largest warehouse developer, has recently released a report predicting warehouse space consumption will accelerate throughout 2012. Prologis predicts 2012 demand will exceed warehouse demand prior to late 2007. Worldwide, Prologis predicts 125 to 165 million square feet of net absorption in 2011 and 400 million square feet […]
As many of you are aware, the commercial real estate industry has been pre-occupied with lots of issues…not the least of which is the projected accounting changes here in the US. It’s looking like those changes might be a little delayed at this point. What use to be a projected 2013 change is now looking […]
OK, lot’s of bad news to talk about lately…the stock market swoon, the abysmal job market, CT’s rising taxes, etc. However, here’s an uplifting article from Rick Green of the Hartford Courant. Downtown Hartford is headed up! More than one place to “grab a paper and a decent cup of joe on Saturday am” and apartment buildings […]
Interesting article from CoStar. This release shows U.S. warehouse space demand remained relatively strong, despite the challenges of the US economy. Of course “strong” is a relative term. “Strong” these days means the market is headed back…albeit maybe not at the strength that will sustain a significant recovery that will affect strong absorption (thus increased […]