Owners Council
Owners Council Q&A: Mark Shearer
Tenant activity for industrial has increased over the past few months and is closer to historic norms. We are seeing increased activity in the capital markets.
Owners Council Q&A: Jack Morris
I’ll always be bullish on New Jersey. As with any market, we may need to endure some ups and downs, but our state’s fundamentals give us a high floor and a very high ceiling. Qualities like access to New York City, a highly trained workforce, great medical facilities and care, an array of recreational assets and municipalities that are attractive to families give New Jersey long-term appeal. Also, citizens value safety and security, and I want to give kudos to the incredible law enforcement professionals who serve our communities in New Jersey each and every day.
Owners Council Q&A: Jeff Milanaik
Our industry, like all others, has seen an ebb and flow since 2020. While we received the benefit of thriving business immediately following the pandemic, the last few years have brought us stabilization. As seasoned professionals in the industry, Bridge Industrial recognized that the level of activity we had during COVID could not be sustained for an extended time. In fact, as early as 2022, in my role as NAIOP Corporate Chair, the signs of a shift began to appear, and activity began to shrink. However, as we are heading into the end of 2024, we are beginning to see signs of increased activity and customer demand.
Owners Council Q&A: Lou March
I feel like we’re in the starting gates at the Kentucky Derby, with immense potential waiting to be unleashed. Unfortunately, the gates remain locked by the financial markets. Until the lending environment opens up, that energy is being held back, and we’re all ready to run.
Owners Council Q&A: Katie Kurtz
In many property types, the market remains at somewhat of a standstill, with the high cost of capital making desired return metrics hard to hit. However, the strength of the multifamily and industrial sectors allows smart investors to transact. The promise of further rate cuts does bring reasons for optimism. Predicting the exact industry response is challenging though, as it will take time for the market to adjust to the new rates and benchmarks before transaction volume picks up.
