Best States for Manufacturing in 2024

Ranking States by Competitiveness for Manufacturing As we head toward the end of the year, some interesting rankings for the manufacturing sector. While specific criteria depend on a project’s needs, standard site selection variables drive most manufacturing location decisions: access to qualified labor, competitive costs, and strategic geographic positioning. Speed to market has also become…

Evolving Office Spaces: A Key to Attracting and Retaining Labor

The post-COVID era has redefined many aspects of the professional world, with one of the most notable shifts being the evolution of office environments. As companies increasingly enforce return-to-work mandates, the demand for high-quality office spaces has surged. This trend reflects a broader understanding that the quality of a workspace significantly impacts employee recruitment, retention,…

Visualizing Site Selection

Normally, visualizing data and visualizing a site require very different technologies. In the world of site selection, however, they go hand-in-hand to help project teams evaluate potential locations.   Site (Location) Visualization Take, for example, the power we now have to perform site reconnaissance remotely, via platforms like ESRI, Google Earth, and Google Maps or…

Office Usage Continues Positive Momentum

Office foot traffic hit a post-pandemic high in July, reaching 72.2% of 2019 levels, according to Placer.ai data. It’s a sizable increase over June, which had itself been a new record and clocked 68.3% of pre-pandemic activity. Miami and New York were at 90% of their July 2019 levels, and all 11 cities Placer tracks…

Top Life Sciences Markets

Interesting view with a breakdown by use. Mainly the stalwarts for this industry, but a few surprises added that have been doing well for other industries (Dallas, Salt Lake City & Houston). The tricky part is that these are always trailing indicators. By the time they make these lists, the market can be already saturated.…

Office Visits Continue to Improve

Office visits continue to creep back to pre-pandemic levels, according to Placer.ai, which reported that nationally, visits in June were down only 29.4 percent compared to June 2019. Looking at markets, Miami is closest to returning to 2019 figures as its visits were down by just 9.8 percent in June compared to June 2019. In…

Good News for Warehouse Tenants! New York’s Industrial Vacancy Rate Surpasses 9% for First Time in a Decade

Industrial availability has come full circle in New York (state), with the active industrial pipeline pushing the availability rate above 9%, a figure that has not been observed since 2014. This is actually healthy for the market and is slightly north of historic “equilibrium”. The availability rate has increased for eight consecutive quarters, fueled by…