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As the advantages continue to erode for U.S. manufacturers operating in low-cost countries, interest in reshoring and near-shoring continues to climb. This is especially true in the age of COVID-19, with the pandemic’s near-crippling impacts on supply chains, including for logistics and distribution, according to a recent report from Yardi’s CommercialEdge.
“Moving back to the U.S. or near-shore destinations such as Mexico, Canada, or Costa Rica have distinct advantages—most notably shorter and easier-to-manage supply chains, improved communication, and reduced probability for disruption,” Yardi’s Doug Ressler tells GlobeSt.com.
Ten US Housing Markets That are Cooling the Fastest
Powell: US Housing Sector Needs a Correction
Commercial Real Estate Remains a Critical Investment Asset, Even as Cap Rates Rise
Broker Dual-Rep Conflicts of Interest May See More Lawsuits
Multifamily Rent Growth Went Over the Top And Now Is Sliding Down
Erik Sherman |
In a litigious society where costs of doing business are rapidly rising, expect both sides of a transaction to have lawyers on speed-dial.
Lynn Pollack |
Sales activity rose between 24% to 27% across the 12-month span ending in June for the sector.
Jack Rogers |
Partners will focus on large build-to-suit facilities in food, transportation centers.
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