With The Infrastructure Bill Passed, CRE’s Wait For Its Effects Begins In Earnest

As the bipartisan infrastructure bill awaits President Joe Biden’s signature to become law, the commercial real estate industry awaits the effects of $550B in new spending. It could be waiting a long time. The nature of infrastructure projects is long-term — doubly so for the transformational projects the bill is supposed to make possible. [...]

By |2021-11-29T17:54:42+00:00November 15th, 2021|.|Comments Off on With The Infrastructure Bill Passed, CRE’s Wait For Its Effects Begins In Earnest

Global Supply-Chain Problems Escalate, Threatening Economic Recovery

Global Supply-Chain Problems Escalate, Threatening Economic Recovery Component shortages, surging prices of raw materials and transportation backups compound the bottlenecks Global supply-chain bottlenecks are feeding on one another, with shortages of components and surging prices of critical raw materials squeezing manufacturers around the world. The supply shocks are already showing signs of choking off the [...]

By |2021-10-20T16:28:16+00:00October 20th, 2021|.|Comments Off on Global Supply-Chain Problems Escalate, Threatening Economic Recovery

Industrial Vacancy Below 1% Near Nation’s Busiest Port

The Ports of Los Angeles and Long Beach — together, the nation’s busiest — continue to experience record volumes, leading to double-take-worthy industrial fundamentals nearby. The Port of LA reported that between June 2020 and June 2021, it broke eight monthly records and experienced the top four individual months in its 114-year history. Import volumes [...]

By |2021-09-03T23:35:02+00:00September 1st, 2021|.|Comments Off on Industrial Vacancy Below 1% Near Nation’s Busiest Port

Ports Set Records With February Cargo Volume

The United States’ top port for containerized imports from Asia reported its best February on record as the nation’s economy continues to bounce back from the pandemic. The Port of Los Angeles said it processed 799,315 Twenty-Foot Equivalent Units (TEUs) last month for a 47% jump compared to February 2020 when the world was [...]

By |2021-03-24T15:29:41+00:00March 24th, 2021|.|Comments Off on Ports Set Records With February Cargo Volume

Trade Volume at Los Angeles’ Twin Ports Tumbles in October, Vacancy Rates Remain Low

Trade volume fell sharply at Southern California's twin ports of Los Angeles and Long Beach in October, as measured by loaded 20-foot equivalent unit containers, known as TEUs. For the month, trade volume was 12.4% lower than a year ago, continuing the decline in shipping activity seen since the end of 2018, while the less-volatile, six-month trailing average declined [...]

By |2020-05-21T22:56:50+00:00November 18th, 2019|.|Comments Off on Trade Volume at Los Angeles’ Twin Ports Tumbles in October, Vacancy Rates Remain Low