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Industrial Space

IR Global

Understanding The Impact Of Remote Work On Commercial Real Estate Leasing

IR Global on

A lasting impact of the COVID-19 pandemic involves the surge in individuals working from home, which increased from 9 million to 22 million between 2019 and 2023, according to data from the United States Census Bureau. As a...more

Goodwin

Six Bright Spots in Commercial Real Estate, in Charts

Goodwin on

Data centers, office conversions, and real estate deals are some of the trends we’re thinking about prior to Goodwin’s annual Real Estate Capital Markets (RECM) Conference. Green shoots are emerging in commercial real...more

Allen Matkins

Forget Tempered Optimism – Industrial’s Outlook is Positive

Allen Matkins on

The industrial development pipeline in Northern California shows a notable uptick in the next 12 months, highlighting continued strength in the sector there, particularly for last-mile delivery and AI-driven facilities....more

Akerman LLP

New York City’s Industrial and Commercial Real Estate Tax Abatement Program to be Extended to 2029

Akerman LLP on

The New York City Industrial and Commercial Abatement Program (ICAP) will be extended to remain in effect through 2029, with no modifications. The bill to extend the deadline from March 1, 2025, to March 1, 2029, to...more

Venable LLP

Fairfax County to Consider Zoning Changes Related to Future Data Center Development

Venable LLP on

Fairfax County is in the process of amending its Zoning Ordinance provisions pertaining to data centers in response to the increasing presence of such facilities within the region....more

BCLP

PFAS in Groundwater: State-by-State Regulations - May 2024

BCLP on

In the absence of federal cleanup standards for per- and polyfluoroalkyl substances (“PFAS”) in groundwater, several states have started the process of regulating PFAS in groundwater themselves. As a result, states have...more

Goulston & Storrs PC

Stormwater Discharge Permit Changes: What Property Owners in Eastern Massachusetts Need to Know

Goulston & Storrs PC on

Many currently unregulated commercial, industrial, and institutional properties in Eastern Massachusetts may soon require stormwater upgrades in order to meet the new rigorous Clean Water Act (CWA) stormwater discharge...more

Morris, Manning & Martin, LLP

Was NAIOP's Industrial Demand Forecast Too Pessimistic?

Last week, NAIOP released its Q1 Industrial Demand Forecast. It predicts the “market for industrial real estate faces headwinds from a large volume of project completions, and a slowing economy” and “supply and demand should...more

Venable LLP

Fauquier County's Board Implements New Data Center Development Policy Guidance

Venable LLP on

On December 14, 2023, the Fauquier County Board of Supervisors adopted policy guidance for data center development. The Data Center Development Policy limits where data centers can be established and regulates various aspects...more

Jones Day

France Adopts Reindustrialization Measures

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In Short - The Situation: A new set of measures has been adopted in France which will promote "Green Industry" by streamlining environmental and industrial authorization and supporting low-carbon industrialization...more

Bennett Jones LLP

Industrial Property in Alberta: Considerations for Purchase and Lease

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The industrial real estate sectors in Calgary and specifically, Rocky View County, and Edmonton, have experienced a consistent demand for both purchase and lease transactions over the past several years. This is driven by a...more

Allen Matkins

Life Sciences Real Estate Update - 4.21.23

Allen Matkins on

According to a new CBRE report, the cumulative lab space in the 13 largest U.S. life sciences markets has expanded by 47% in the past five years to 181.7 million square feet. CBRE forecasts that figure will jump another 22%...more

Allen Matkins

What California CRE Market Sectors Should Anticipate in 2023 and Beyond

Allen Matkins on

The Winter 2023 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey revealed some interesting trends in California CRE markets. Most notably, some of the optimism expressed in recent surveys has...more

Latham & Watkins LLP

European Commission Releases Communication on the Green Deal Industrial Plan

Latham & Watkins LLP on

The Plan aims to “simplify, accelerate and align incentives to preserve the competitiveness and attractiveness of the EU as an investment location for the net-zero industry”. On 1 February 2023, the European Commission...more

Bricker Graydon LLP

Senate Bill 33 changes to Community Reinvestment Area (CRA) tax incentives, expands opportunities to limited home rule townships

Bricker Graydon LLP on

2023, the year of the rabbit in the Chinese zodiac, may well turn out to be the year of the CRANE (Community Reinvestment Areas in Need of Expertise) in Ohio. On January 2, 2023, Governor Mike DeWine signed Substitute...more

Allen Matkins

Industrial Space Markets Continue to be the Outstanding Performers in California

Allen Matkins on

For the last three years, California’s industrial market has been a bright spot, with consistently high occupancy rates and superior lease rate growth. According to the Winter 2022 Allen Matkins/UCLA Anderson Forecast...more

Cadwalader, Wickersham & Taft LLP

Turning to '22 - December 2021 - Looking Back, Looking Ahead: A U.S. Perspective

As we all know, 2021 has been a big comeback year in the real estate industry following the unprecedented COVID-driven challenges of 2020. There are still fundamental changes occurring – using a real estate metaphor, both at...more

Robinson+Cole Environmental Law +

Changes to PCB Remediation Expected Under Proposed Rule

On October 22, 2021, EPA published a proposed rule that would, if adopted, provide a significantly enhanced additional pathway for remediation of sites impacted by polychlorinated biphenyls or PCBs....more

Allen Matkins

Pandemic Fuels Continued Growth of Industrial Market

Allen Matkins on

Industrial markets over the past several years have seen consistently high occupancy rates and superior rental rate growth. While sentiment in the June 2020 Survey dropped precipitously, it immediately rebounded and has...more

Allen Matkins

Industrial Comes Roaring Back to Record High Optimism

Allen Matkins on

In the June 2020 Survey, industrial space sentiment dropped slightly but was logical, given that the state was in the midst of a pandemic. However, vacancy rates have remained extremely low across all regions surveyed in our...more

Miller Canfield

Michigan’s Receivership Act: No Longer Just for Commercial Real Estate

Miller Canfield on

The Uniform Commercial Real Estate Receivership Act (“UCRERA”), adopted by Michigan in 2018, originally applied only to receiverships over commercial real estate. An amendment effective October 15, 2020, shortens the name of...more

Goodwin

Envisioning the New Normal: Real Estate + Technology, Part 8: Series Wrap-Up

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This article is the final piece in a multi-part series examining the impact of the COVID-19 pandemic on select real estate sectors and the considerations around how technologies will shape future operations and accelerate...more

Goodwin

Envisioning the New Normal: Real Estate + Technology: Part 7: Industrial

Goodwin on

This article is the seventh of a multi-part series examining the impact of the COVID-19 pandemic on select real estate sectors and the considerations around how technologies will shape future operations and accelerate means...more

Farrell Fritz, P.C.

Smithtown Seeks to Reinvent the Hauppauge Industrial Park by Allowing Residential Development

Farrell Fritz, P.C. on

The Town of Smithtown is considering the adoption of a local law that would allow residential uses as part of mixed-use developments in the Hauppauge Industrial Park.  The proposal follows on the heels of an April 2019 report...more

Bricker Graydon LLP

Ohio returns to funding spec-based commercial & industrial development

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In 2020, Ohio’s development officials are again awarding grants to fund commercial and industrial development projects that don’t have known end users. JobsOhio is now in the midst of launching a $50 million per year grant...more

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