Archive for April 2020

McGowan quoted in Philadelphia Business Journal about emerging Northeast Philadelphia logistics market. One of the challenges of the market is that it’s emerging and there isn’t much historical data to benchmark rents and other metrics that go into lease deals especially with new buildings. That has meant that institutional buyers or tenants haven’t flooded the…

Industrial real-estate operators expect the disruption of consumer supply chains caused by the coronavirus pandemic to drive a new surge in warehousing demand. Warehouse developers now helping some retail and logistics customers secure additional storage space as lockdowns trigger an upheaval in consumer buying patterns believe the rapid adjustments will give way to longer-term changes…