Importance of Soil Boring in Construction
Construction projects start at your desktop. The idea conceived by owners is transformed into designs and layouts by the architects. Once the basic design is finalized, the project has to shift from your desktop to the construction site. The first team that moves to the construction site is the boring team. They are here to […]
Port Markets and Logistics Hubs Record Hefty Premiums for New Industrial Leases
CommercialEdge just released its February industrial report analyzing the U.S. industrial market at the beginning of 2023, and I wanted to share it with you. We found that of the 63 markets covered, 44 reached a lease spread greater than 10%. Of these, 16 markets had spreads wider than 20% in January, the biggest being in port markets […]
Atlanta Ranks No. 2 in U.S. for Industrial Pipeline
There’s no question, 2022 was one for the books! Atlanta’s industrial market ranked in the top five in not one, but three different metric categories: No. 4 in total absorption at 23.2 million square feet, No. 3 for new supply at 31.7 million square feet and No. 2 for its construction pipeline at 45.6 million […]
Over 600,000 hydrogen fueled vehicles shipped annually in 2030
New research by Interact Analysis shows that the hydrogen transportation market is still very much in its infancy. The new report covers all transportation ranging from passenger cars, trucks, trains and forklifts to the very largest off-highway machinery. Overall, fuel cells are the most mature powertrain technology for hydrogen transportation, with most of the development […]
Industrial deliveries hit all-time high in 2022 with 450 M sq. ft [CommercialEdge report]
CommercialEdge just released its January industrial report analyzing how the U.S. industrial market saw record new deliveries in 2022, with a total of 450 million sq. ft. hitting the market by the end of the year. The average vacancy rate for the top 30 markets decreased to 3.9% despite the robust supply. Key findings from our report: National […]
End-of-the-Year Quarterly Cost Report from Rider Levett Bucknall Reveals Latest Construction Trends in North American Cities
International property and construction consultancy firm Rider Levett Bucknall (RLB) has released its Quarterly Cost Report providing an on-the-ground picture of construction activity in 14 key North American markets and data-driven insights into the industry for the fourth quarter of 2022. As 2022 comes to a close, the construction industry continues to face a variety of challenges. […]