One thing I have learned in my 34 years in the business? Listen to the experts…but don’t believe everything you hear. Using a black jack term, “the books says…”. The book says there aren’t any office leases being signed. Reality says otherwise, as evidenced by this most recent westfaironline.com article. 220,000 SF office lease signed […]
Thought
According to GlobeSt.com a new JLL survey shows support for the hybrid office (working from the traditional office AND the home office). Results include: Increase from average of 1.2 days per week at home to 2.4 days per week. 72% of employees want some level of work from home. 66% want at least 2 days […]
New import stats out as of 10/10/20 – More and more imports coming into the US due to replenishing of inventories, stocking up for holiday season and overstocking to insure the supply chain. October imports up 6.5% year over year, fourth highest month on record! See ProgressiveRailroading.com article: NRF: Ports log record peak season imports
If people aren’t coming back to work then why am I progressively parking higher and higher in the parking garage!!?? #backtowork #returntooffice.
The battle for, and protection of, CRE property data continues with @CoStar’s most recent suit against @CREXi. Interesting bit of history between CREXi, CoStar and @TenX. CREXi CEO, Michael DeGiorgio, is a former executive at TenX (and of course TenX was recently acquired by CoStar!). These battles continue to hold the CRE services industry interest […]
The supply chain has had many challenges over the last 6 months. Shipping lines almost entirely shut down early in the crisis causing huge disruptions to supplies around the world. Shipping company solvency was at risk. Interestingly enough, shipping companies have actually re-tooled the way they approach their business and are making money! See the […]