Rising trade tensions between the U.S. and China; supply chain disruptions due to the COVID-19 pandemic; and federal government investments in infrastructure, critical industries and green energy have encouraged firms to make large investments in new manufacturing facilities in the U.S., Canada and Mexico.

“Forging the Future: Manufacturing Growth and Its Effects on North American Industrial Markets,” by Lisa DeNight and Liz Berthelette at Newmark, will examine how this onshoring and nearshoring activity is spurring demand for manufacturing space as well as associated demand for logistics facilities. The study draws from Newmark data, secondary sources and interviews with industry practitioners, and will include an analysis of construction activity, industry and labor market trends, and which geographic markets are attracting the most investment. The report will be released in February 2024.

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