Posts tagged industrial real estate
Approximately 20 miles northeast of Philadelphia, a former steel mill is the new home to several internationally based manufacturing corporations and green industries. Formerly known as United States Steel Corporation – Fairless Works, the Keystone Industrial Port Complex (KIPC) has attracted revolutionary “green” technology jobs to Pennsylvania from around the world to this 4,000+ acre brownfield site. Effective as of January 1, 2005, the site became a Pennsylvania “Keystone Opportunity Zone,” providing tax incentives for new companies until 2018–a manufacturing resurgence was born. More >
Supply Chain/Logistics trends continue to evolve as retail sales remain uncertain and many retailers try to stay ahead of the supply and demand cycles. Anyone shipping, receiving or consolidating goods for first to third party is laser focused on the compression of profit margins. Additionally, user/occupiers of industrial space are examining methods to improve their P&Ls and drive down costs.
As we discuss strategic objectives with clients and review their portfolios to improve occupancy efficiencies, we are hearing common trends consistent with all types of industrial users. Some of the trends and best practices include: More >