Space is tight and builders are scrambling to keep up with the warehouse demand. It seems as though there is too little time to construct the facilities needed to support the growing volume and pace of the growth of e-commerce, as explained by one of Voit’s CRE experts, Bryson Lloyd.
We talk a lot about location, building conditions, & SF of CRE properties but it’s becoming increasingly important to start thinking about the next generation entering the workforce, Generation Z, as explained by one of Voit’s CRE experts, Adam Hill.
While location – location – location will always hold true when determining the right place for your retail business, there are many things to consider before signing any new lease, as explained by one of Voit’s CRE brokerage professionals, Tony Archer.
Even if an industrial property appears to be in good shape, it is important to remember that looks can be deceiving. Before you make any sort of investment, take the time to carefully inspect the building. This list of red flags is not all-inclusive, but you can use these seven signs to help evaluate the general condition of a property before you get serious and sign on the dotted line.
Why is industrial real estate becoming so popular? And we don’t just mean for business owners looking to expand their operations. We’re talking about global investors looking for attractive investment opportunities and flocking to the world of industrial real estate. But what makes these properties so special and such an important part of the investment portfolio?
Times are changing. We live in a country where you can break your favorite earphones on a Tuesday afternoon and have a replacement on your doorstep Wednesday, without once leaving your couch. What a time to be alive! But what does the increased convenience mean for retail space and the commercial real estate industry as a whole?
Article by Jay Lovero, Associate Broker in Voit’s Irvine office The Rise of the Industrial Property As the Industrial Revolution swept the globe in the late 18th and early 19th centuries, many companies left the age of the handmade and converted their manufacturing processes. As it tends to do, architecture made a swift shift to … Continued