Houston Business Journal’s Post

A wave of construction completions could help tenants secure more favorable deals at logistics hot spots near major ports and the U.S.-Mexico border. Stephanie Rodriguez of #ColliersIndustrial shares her perspective in this article from Supply Chain Dive. Click to read her insights: https://lnkd.in/ejuu7DHQ

We are witnessing a surge in warehouse construction, prompting tenants to seek favorable deals in key markets. These tenants stand to benefit from increased options and potential cost savings. Read more in Supply Chain Dive here: https://bit.ly/3J6i5s4. 

Finding the optimal site for a logistics facility often involves trade-offs between transportation, labor, and real estate costs, which may be lowered by incentives offered, as well as the need for speed to market. https://lnkd.in/gJbEJqpi

Finding the optimal site or structure for a logistics network often involves assessing the trade-offs between transportation, labor, real estate costs, and organizational expectations. #logistics #supplychain #businessstrategy #cre

Some great perspectives by our Grayson Scott on the complexities and trade-offs of industrial site selection...a great way to kick of 2024 location strategies! #cbre #cbreconsulting #siteselection #intelligentsiteselection #supplychain #laboranalytics #realestate

🔍 Key Warehouse Real Estate Markets to Watch in 2024: The upcoming year presents significant opportunities for businesses expanding their logistics footprint. With an increase in warehouse capacity, especially near major ports and along the U.S.-Mexico border, tenants have a prime chance to negotiate favorable lease terms. Savannah, Georgia, stands out as a strategic warehousing hotspot. This development signals a vital time for companies to consider their expansion strategies. #RealEstateTrends #LogisticsAndSupplyChain #BusinessGrowth

The slowdown in warehouse development is coming to fruition, with only 16 units sized between 100,000-200,000 sq ft currently under construction and four megasheds of more than 500,000 sq ft, according to Colliers Colliers is tracking just less than 8m sq ft of available logistics space under construction or due to break ground soon, however with occupiers preference for take up of new grade A space still prevalent the Industrial & Logistics specialists at the firm are predicting a pressure on new supply during the next 12 months which will sustain rental growth in prime locations. Read more ➡️ https://ow.ly/UgFv50SkLhe

Finding the optimal site for a logistics facility often involves trade-offs between transportation, labor, and real estate costs, which may be lowered by incentives offered, as well as the need for speed to market. https://lnkd.in/gJbEJqpi

The supply of warehouse space in Scotland for units over 100,000 sq ft now totals 1.36m sq ft across seven units, marking an 11% decline over the past six months, which indicates that the region is past the peak in vacancy. Based on the five-year average annual take-up, there is 1.72 years’ worth of supply in Scotland. The five-annual take-up for Grade A space is currently around 320,000 sq ft. With no Grade A supply available, occupiers must resort to BTS options or settle for smaller warehouses. The existing supply consists entirely of lower-quality units, with 42% being Grade B and 58% being Grade C. The recently completed Belgrave Logistics Park was the only Grade A building available, which has now been leased. Read more:

Logistics developers face significant challenges with inventory management, including whether to build new facilities or retrofit older ones. Demand for logistics-focused space remains high, driven by e-commerce growth. Thomas Simmons, Vice President here at Majestic Realty Co., notes that third-party logistics providers require modern facilities with advanced technology for quick turnover. Despite increasing construction costs and regulatory hurdles, retrofitting older properties offers a viable alternative, especially in high-demand markets. For more insights, read the full article here. https://lnkd.in/gtUpRxaQ . . . #majesticrealty #industrialrealestate #ecommerce #logistics #supplychain #warehouse #commercialrealestate #realestate #builtforthefuture #distributionsolution #majesticgroup #forthelongterm #newindustrialrevolution #distributioncenter #industrial #buildtosuit #majesticaddress #letsbuildsomethingtogether #commercialrealestate  #realestate #cre #realtor #broker #buildingforthefuturetoday #Innovation  #retro #retrofitting