Top U.S. airports are engaged in a fight for a larger share of the challenged U.S. air cargo market, according to JLL's annual Airport Outlook Report. With world trade growing faster than demand for air cargo, both airports and air carriers face a significant challenge – how can they attract airfreight and fend off competition from other cheaper modes of transport such as intermodal and trucks?
Companies that successfully rode out the recession are now looking for better times ahead, but they should be cautious, says a report from Jones Lang LaSalle, which identified five operational issues that companies should remain focused on as the economy continues to strengthen.
Industrial real estate is poised for a spike in demand, development and delivery according to research by Jones Lang LaSalle. Industrial markets nationwide have been recovering for more than four full years, with 15 consecutive quarters of positive net absorption. Last year marked a five-year high, with 168 million square feet of net absorption, and, with current forecasts, this figure could top 180 million square feet in 2014. So, what's behind this momentum?
Near-instant gratification from shopping online, mobile and in-store is now a standard consumer expectation - and sophisticated real estate models are evolving to rise to the occasion. The omnichannel logistics models that make a seamless consumer experience possible are now built on a foundation of six new types of facilities, according to a report by Jones Lang LaSalle (JLL).
Demand for U.S. industrial distribution centers, larger than 300,000 square feet, is high and rising, according to real estate services firm Jones Lang LaSalle's first "Big Box Velocity Index". Improving economic conditions, the continuing growth of e-commerce and a deep bench of tenants seeking space have all created this highly competitive fight for industrial and warehousing space. As a result, there is 96.7 million square feet of industrial construction under way, with nearly half speculative, with an average building size of 360,000 square feet.
Long a go-to for corporate cost cutting, corporate real estate has turned a corner and is becoming a solid productivity driver, with CEOs starting to reap the rewards of enhanced revenue, shareholder value and employee performance. A new Jones Lang LaSalle report reveals that companies that view real estate assets singularly as a source of short-term cost reduction are actually incurring hidden long-term financial and operational risks.
Same-day delivery from major e-commerce and multichannel retailers during the 2012 holiday season introduced e-commerce as a viable option, even for last-minute shoppers. This evolution in customer demand now ripples through the supply chain for all retailers, prompting executives to re-evaluate real estate strategies, according to a new report from Jones Lang LaSalle.
An ever-improving supply chain infrastructure, a low-cost but increasingly skilled labor force and successful economic reform efforts combine to make Mexico an increasingly attractive target for cross-border industrial opportunities, according to new research by Jones Lang LaSalle (JLL). Mexico's proximity to the huge U.S. consumer market will always be a major competitive advantage but Mexico compares favorably to China, an industrial powerhouse that is becoming burdened by escalating manufacturing costs and lengthy shipping lead times.
China is evolving from an export-driven manufacturing economy to a more balanced consumer-driven developed economy, and its logistics landscape is under pressure to adapt, according to new research by Jones Lang LaSalle. China's evolution has driven three key trends: the rise of the domestic middle class, rising wages and diminished cost advantages in manufacturing, as well as the rapid development of domestic infrastructure. And these trends are creating long-term opportunities for U.S. companies.
The growth of U.S. exports, especially to countries such as China, has put a spotlight on the need for strategic inland ports across the United States, according to Jones Lang LaSalle. Inland ports, which traditionally focus on moving and handling imports, are also facilitating the effective movement of goods outside the U.S.