All real estate is local. While that paradigm holds true for warehouses, the most interesting aspect of industrial real estate is that the opposite is also true. It is the only property type in which an Ohio manufacturer who outsources production to China can end up creating demand for logistics space in Southern California’s Inland Empire. That is exactly what has happened during the last decade.

Summer 2014

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Pennsylvania's Pittsburgh Region: Keystone of Industrial Renaissance

By: Dewitt Peart, president of the Pittsburgh Regional Alliance (PRA)

Pennsylvania Governor Tom Corbett has made economic development a top priority with his Jobs First Pennsylvania initiative, which was designed to encourage private sector investment. These incentives are just a few of the benefits helping businesses grow in Pennsylvania.      

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Industrial Is Hot in Houston: Greenspoint Business Center

By: Ben Newell, senior leasing representative with IDI, established the company’s Houston office in 2009

Texas ranks second only to New York as the state with the most commercial real estate development activity. While Dallas gets much of the attention for industrial projects, Houston also has an active and growing industrial market. While the industrial real estate picture is strong today, it was bleak just six short years ago.      

exterior view of Lincoln Center office building

Environmental Stewardship and the Modern Landlord: Lincoln Center, Tigard, Oregon

By: Eric Castle, vice president, Shorenstein Realty Services; Jaxon Love, sustainability manager, Shorenstein Properties LLC

When Shorenstein Properties LLC acquired Lincoln Center, a seven-building office campus in the suburban Portland market of Tigard in 2007, the company already was in the process of implementing a plan to transform its nationwide portfolio of Class A office properties into an environmentally sustainable one. Sustainability has been a major goal of Shorenstein Properties for many years.      

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The View From E.CON: The Future of Industrial Real Estate Is E-commerce

By: Julie D. Stern, managing editor, Development

The expanding world of e-commerce is rapidly and forever changing the way that goods are bought and sold — as well as how they are transported, stored and distributed. Industrial developers, owners and investors who can provide the types of facilities that e-commerce needs will survive and thrive during the next decade. But forecasting and understanding those needs is no easy task.