Month: September 2023

Demand and leasing rates are no longer red-hot, but the industrial real-estate sector is proving resilient Companies from e-commerce retailers to third-party logistics providers are leasing less new warehouse space amid weak freight demand, high interest rates and shifting consumer spending. But the industrial real-estate market hasn’t completely cooled off after three years of frenetic… Continue reading How Warehouses Are Escaping Real Estate’s Doom Loop, in Charts

KEY POINTS Consumers in the U.S. and Europe have been key drivers in the demand uptick, Vincent Clerc told CNBC’s Silvia Amaro, and those markets have continued to “surprise on the upside.” The upcoming pickup would be fueled by consumption, he said, rather than the “inventory correction” which has featured heavily in 2023. There are… Continue reading Shipping giant Maersk is seeing tentative signs of a bounce back in global trade

Benchmark diesel price up 4.8 cents a gallon, but out West it’s soaring When it comes to retail diesel prices in the past week, the real estate adage applies: location, location, location. The average national retail price for diesel, published by the Department of Energy/Energy Information Administration, rose just 4.8 cents a gallon in a… Continue reading Benchmark diesel price up 4.8 cents a gallon, but out West it’s soaring