Industrial cooled off in 2019 – Will it heat back up?

Over the next couple of years, we expect industrial to remain one of the leading product types to watch. The forecast for North American industrial absorption in 2020-2021 is a healthy 459.9 msf. Economic indicators, with strong links to industrial fundamentals, point to continued growth in 2020 and 2021. Industrial has been the investors’ darling[…]

Global Research Brief

The global economy clearly lost considerable strength this year. Global real GDP growth is tracking to come in at 3.0% for 2019—its slowest pace since the global financial crisis. Although commercial real estate (CRE) leasing fundamentals remain broadly stable, it is also evident that the pace at which businesses were gobbling up space decelerated against[…]

2019 Industrial Logistics Report

Cushman & Wakefield’s Florida Industrial Logistics Report explores the state’s unique network for moving goods from entry points to markets. The report also explores how Florida’s combination of ports, rail lines and highway systems play an integral part in supply chains that service customers. We follow a by the numbers approach in the report that[…]

2019 North American Ports Outlook Report

As U.S.-China trade continues to dominate headlines and uncertainty looms for numerous industries, many eyes stay turned to the ports and intermodal sector. Today, consumers from all over the world want to receive goods faster, no matter where the product comes from, and that expectation is not going away anytime soon. The ports and intermodal[…]

Equity, Debt & Structured Finance Capital Markets Update

Market Commentary Treasury yields and major US equity indices moved higher for a second straight week as US and China officials announced plans to hold face-to-face meetings in Washington in “early October.” The optimism of a trade war is outweighing concerns of a slowing global economy temporarily. The increase in rates has meant slightly higher[…]

Florida’s Industrial Evolution

The industrial sector is undergoing a rapid transformation and Florida is at the forefront. The e-commerce boom, supported by a strong economy and growing population, has positioned Florida as a target market for new construction and tenant expansion. In the first half of 2019, over 7.3 msf was delivered with 15.3 msf currently under construction.[…]

Welcome to Jacksonville! Two New Companies Lease Space in Jax

Jacksonville has two new industrial tenants. The industrial leasing team of Tyler Newman and Jacob Horsley recently assisted in the leasing of International DC 1 and International DC 5 to Mygrant Glass and Priority Tire in the Jacksonville International Tradeport. Together, they have leased a combined 112,000 SF. Developed by Jackson-Shaw, International DC 1 and[…]

ScooterSphere, Micro-Mobility Is The Latest Trend

But will it really impact CRE? eScooters are rolling through 150 American cities, making commuting more efficient—and fun—for riders. Check out Cushman & Wakefield’s view of The ScooterSphere. Hear from our industry experts—and scooter enthusiasts themselves—about the rise of eScooters. Check out Cushman & Wakefield’s view of The ScooterSphere. Hear from our industry experts—and scooter enthusiasts themselves—about[…]

Time to Pay Attention to the Yield Curve? Implications and Strategies for CRE.

For the first time in this cycle, the monthly yield curve spread in U.S. Treasury markets turned negative, warranting a closer look at this widely tracked metric. Yield curve inversions do not cause recessions—but have been good predictors of downturns in the past. There is no recession today; nor is one likely any time soon.[…]

U.S. Industrial MarketBeat – Q1 2019

Solid Fundamentals Despite Slow Start Supply Side Constraints: U.S. industrial markets absorbed 25.8 million square feet (msf) in the first quarter of 2019 and registered a healthy 113 msf of new leasing activity—a combination of both direct and sublet activity. Typical of the first three months of a year, seasonality played a role in the[…]

U.S. Economic Outlook & Implications for the Property Markets

Read more about how global trends,recession indicators, interest rates  and labor statistics affect the U.S. economy—specifically the office, industrial, retail and multifamily sectors.  Cushman & Wakefield’s thought leaders  make key predictions and disseminate relevant data to help guide decisions that impact your real estate strategy. View U.S. Economic Outlook Jump to Industrial Jump to Office[…]

Economist: Jacksonville industrial market is ‘as close to a can’t miss as there is’

“Economists love to predict recessions,” admits Kevin Thorpe, chief economist and global head of research for Cushman & Wakefield. “The running joke is we were successful predicting nine of the last four,” he said Thursday at a NAIOP Commercial Real Estate Development Association Northeast Florida Chapter luncheon. Actually, most economists are “pretty optimistic about this[…]

Cushman & Wakefield Industrial Outlook & Trends Spring 2019

The U.S. economy and property markets entered 2018 with very strong fundamentals and a lot of momentum. The latest economic data—on consumer spending, global trade, manufacturing, intermodal rail volumes, and other metrics—send a clear signal that the U.S. economy is poised for greater growth. Read Cushman & Wakefield’s Spring 2019 edition of the U.S. Industrial[…]

2019 North American Industrial Outlook

The industrial sector is undergoing a rapid transformation, much of it brought about by eCommerce which is forecast to grow by double digits throughout 2019 and beyond. Healthy absorption and continued low vacancy will uphold the strength of the industrial market, but questions remain: How will trade negotiations and tariffs impact industrial users and investors?[…]

Clicks-to-Bricks: Holiday Shopping is Full Speed Ahead

With Thanksgiving, Black Friday and Cyber Monday rapidly approaching, Cushman & Wakefield’s resident experts on bricks-and-mortar retail and newCommerce, Garrick Brown and Ben Conwell, are providing their take on the looming holiday shopping season. They will cover everything from the “Christmas Creep” and labor shortages, to who will win the Toy War.  Read more.

Sweet Spot of Spec Warehouse Design

By Jason West In response to advancements in technology and the growth of eCommerce, warehouses have evolved over the years, with upgraded docks, wider column spacing, higher ceilings, and better truck flow. In fact, developers are consistently pushing the envelope to make buildings that are bigger and better, begging the question, what is the ideal building[…]

Driverless Cars, Blockchain, and Other Transformative Technologies

While the real impact to commercial real estate is more than 10 years away for many technologies, disruption in the near term will be generated from a few—namely ridesharing, autonomous mobile robotics for eCommerce fulfillment, and electric vehicles. CRE players will need to focus on flexibility and efficiencies to adapt to changing paradigms brought on[…]

2Q18 Jacksonville MarketBeat Reports

Strong Market Fundamentals The Jacksonville Metropolitan Statistical Area (MSA) saw significant job growth in the second quarter of 2018. The region continued to be a magnet for business relocations and expansions which fueled solid gains in population. The unemployment rate fell to 3.2% in May, down -70 basis points (bps) over the last 12 months[…]

Nine Years & Still Going Strong…

Nearly nine years into the current cycle, the U.S. economy is strong and getting stronger. The leading indicators that correlate well with the property markets are in excellent shape. Of course, there is no shortage of anxiety either; there never really is. Volatility is up this year, interest rates have moved higher, the yield curve[…]