Real Estate Law Corporation™’s Post

Industrial leasing velocity is starting to accelerate in the wake of the election and inauguration. Prologis annouced a company record of more than 60 million sf of leases executed in the 4th quarter with the majority of the deals signed after the election results came in. Still, uncertainty remains amongst large logistics operaters as occupiers consider the risks of potential tarriffs. Those logistics centers that are well located and proximate to large populations are expected to perform well as consumer spending remains strong.

Operating expenses have skyrocketed along with lease rates over the last few years. Becoming a negotiating issue. Tenants have become more informed of whats included in operating expenses. Some Landlords are better than others in controlling these. I wrote this blog to explain operating expenses. What Tenants Should Know About Operating Expenses on Warehouse Building https://lnkd.in/guJHM97h

The most frequent error I see industrial tenants make is giving up their negotiating leverage by waiting too long to renew their lease. Starting the process 12-18 months before expiration makes landlords MUCH MORE willing to make considerable concessions (free rent, improvements, enhancements, etc.)

#INDUSTRIALandlogistics tenant demand has picked up after a weaker first quarter, but sublease vacancy is influencing leasing negotiations with landlords having to increase #incentives to attract tenants #IndustrialLeasing #CRE #commercialrealestate #commercialproperty

In the last 2 years, the 20 largest industrial leases signed in Chicagoland have amounted to nearly 21M SF. The I-80 corridor accounted for nearly 46% of the total leasing activity. What makes this submarket so special is that it's a vital East/West transportation route that links our region's highway system and provides access to North America’s largest inland port along with the UP and BNSF intermodals. This makes I-80 a very appealing location to logistics companies aiming to efficiently distribute goods across the country. If you like to geek out on data as much as I do, see what other submarkets had the most major leases over the last 2 years. Avison Young | US #databyAVANT #industrial #logistics #cre https://lnkd.in/ggKWKUHf

As a landlord managing small bay industrial and flex warehouse properties, selecting between short-term and long-term leases is a crucial decision that impacts cost structure, operational flexibility, and overall investment strategy. Key considerations such as market conditions and tenant quality play a significant role in determining the optimal lease term. Check out our latest blog to explore the benefits and challenges of both short-term and long-term leases. Read the full article here: https://hubs.li/Q02PKH9Z0 #industrailrealestate #realestateinvesting

Navigating lease renewals for industrial and logistics properties in today's market requires strategic planning. But how can you best approach it?  ➡️ https://lnkd.in/gPYv4buF Associate Matthew Rickman analyses the key considerations both landlords and occupiers should take into account amid rising rent growth. Click the link above to read. #MEIndustrial #LeaseRenewals

Staying ahead in the market isn't just about having the best product; it's about excelling in your logistics as well. Every step, from sourcing materials to delivering to your customers, must be executed flawlessly. That’s where solutions like CadDo come in, empowering you to optimise operations and enhance efficiency like never before. Consider this real-world example: a company supplying building materials, including water, to construction sites. With the help of CadDo's solution, they discovered that delivering water separately caused delivery expenses to soar, accounting for an astounding 70% of sales costs. This insight enabled the company to make organisational changes that significantly improved profitability. Learn more in our latest blog: https://lnkd.in/eadSPbDr #LogisticsCosts #OperationalCosts #Profitability

🚧🏗️ How 3PLs Help with Shipping Construction Materials! 🏗️🚧 Are you struggling with the logistics of shipping construction materials? Our latest blog dives deep into the unique challenges of construction shipping and how partnering with a third-party logistics provider (3PL) can transform your operations. From managing bulky, heavy materials to ensuring timely deliveries, discover how 3PLs bring expertise, cost efficiency, and advanced technology to streamline your logistics. Learn what to look for in a 3PL partner to keep your projects on schedule and within budget. 📦 Some Key Highlights: • The unique complexities of construction shipping • Benefits of working with a 3PL for your construction projects • Essential qualities to seek in a 3PL provider • Don't miss out on these insights that can help you overcome logistics hurdles and drive your construction projects to success! #BeckerLogistics #ConstructionShipping #3PL #LogisticsSolutions #ShippingMaterials #ConstructionIndustry #SupplyChain #ProjectManagement #EfficientLogistics #WeAreLogistics

In my role helping large Commercial Real Estate firms increase their NOI, one of the biggest opportunities I see is strategic consolidation of indirect spend. Read below for more on how OMNIA Partners can bring value to your organization and let's chat all things real estate!