Is the Industrial Real Estate Market Turning?

Those associated with the industrial real estate industry will attest that the post-COVID-19 industrial real estate boom has been unlike anything they have ever experienced in their career, despite how long they have been in the industry. Over the course of the last 24 months, developers have constructed buildings at a record clip, vacancy has…

Talent Attraction Z-Score For All U.S. Counties

This shortage will affect quality of life, result in higher prices for consumers, and diminish the speed and quality of services. In many ways, the labor shortage and supply chain issues we are experiencing now are a foretaste of what’s to come. Gone will be the days of businesses trying to find the best talent…

US Legislative & Incentive Summary

US Credits & Incentives   ALABAMA With a robust aviation and aerospace industry, Alabama legislators are now seeking to extend a key tax exemption that is otherwise set for expiration. As introduced, HB 20 would extend the state’s preexisting gross receipts tax exemption on the sale of parts, components, and systems that become a part…

Non US Legislative & Incentive Summary

Canada Credits & Incentives   There is a common misconception that incentives are not prevalent across the Canadian provinces. While there are certainly varying ways in how incentives are utilized and deployed, provincial and local governments throughout Canada do leverage financial and technical resources to support business growth, industrial development, and job retention. Very often…

Distribution Center Wage Escalation Trends

In today’s labor market, it can be extremely difficult to find quality labor. The effects of COVID-19 and responses to the pandemic continue to drive wages up. Distribution employers will need to stay ahead of these trends to control costs in the coming years and budget accordingly. We looked at wage escalation in the distribution…

California’s Challenges Demonstrate the Intricacy of Corporate Site Selection Decisions

Companies have been leaving California’s high tax and minimum wage environment for years despite the deep talent pool of workers. The state’s myriad of problems, including the thousands of homeowners currently at risk from wildfires, illustrates the delicate balance companies must navigate when deciding where to relocate their call centers, manufacturing plants, distribution centers, software…