PLUS+ Login


To log into your PLUS+ Account, complete and submit the information below.

Not a PLUS+ subscriber already? Become one now.


For assistance with your PLUS+ subscription, contact customer service.

Premium access to exclusive online content,
companion digital editions, magazine issues and
email newsletters. Subscribe Now.



Become a PLUS+ subscriber and you'll get access to all Supply Chain Management Review premium content including:

  • Full Web Access. All feature articles, bonus reports and industry research through scmr.com.

  • 7 Magazine Issues per year of Supply Chain Management Review magazine.

  • Companion Digital Editions. Searchable replicas of each magazine issue. Read them in any web browser. Delivered by email faster than printed issues.

  • Digital Editions Archives. Every article, every chart and every table as it appeared in the magazine for all archive issues back to 2009.

  • Bonus email newsletters. Add convenient weekly and monthly email newsletters to your subscription to keep your finger on the pulse of the industry.

PLUS+ subscriptions start as low as $109/year*. Begin yours now.
That's less than $0.36 per day for access to information that you can use year-round to better manage your entire global supply chain.

For assistance with your PLUS+ subscription, contact customer service.

* Prices higher for subscriptions outside the USA.

You have been logged out of PLUS+

For assistance with your PLUS+ subscription, contact customer service

Need to access our premium PLUS+ Content?
Upgrade your subscription now.

Our records show that you are currently receiving a free subscription to Supply Chain Management Review magazine, or your subscription has expired. To access our premium content, you need to upgrade your subscription to our PLUS+ status.

To upgrade your subscription account, please contact customer service at:

Email: [email protected] Phone: 1-800-598-6067 (1-508-663-1500 x294 outside USA)

Become a PLUS+ subscriber and you'll get access to all Supply Chain Management Review premium content including:

  • Full Web Access. All feature articles, bonus reports and industry research through scmr.com.

  • 7 Magazine Issues per year of Supply Chain Management Review magazine.

  • Companion Digital Editions. Searchable replicas of each magazine issue. Read them in any web browser. Delivered by email faster than printed issues.

  • Digital Editions Archives. Every article, every chart and every table as it appeared in the magazine for all archive issues back to 2010.

  • Bonus email newsletters. Add convenient weekly and monthly email newsletters to your subscription to keep your finger on the pulse of the industry.

PLUS+ subscriptions start as low as $129/year*. Start yours now.
That's less than $0.36 per day for access to information that you can use year-round to better manage your entire global supply chain.

This content is available for PLUS+ subscribers.


Already a PLUS+ subscriber?
To begin or upgrade your subscription, Become a PLUS+ subscriber now.

For assistance with your PLUS+ subscription, contact customer service.

Sorry, but your login to PLUS+ has failed.


Please recheck your login information and resubmit below.



For assistance with your PLUS+ subscription, contact customer service.

CBRE Outlook: Industrial Market Momentum Expected To Continue In 2017

E-Commerce Expected to Drive Strong Demand, Continued Rent Growth, Tight Availability
By Patrick Burnson
January 09, 2017 - SCMR Editorial

The industrial market, fueled by the rapid growth of e-commerce, has been the juggernaut of U.S. commercial real estate in recent years. While that momentum eventually will wane, it isn’t expected to do so this year, according to CBRE Group, Inc.’s 2017 forecast for U.S. commercial real estate.



Overall, CBRE’s outlook for the U.S. economy in 2017 is “mildly optimistic,” tempered by uncertainty about the ultimate extent and nature of the new presidential administration’s policies. However, among CBRE’s more definitive conclusions is that both cyclical and structural factors should provide sustained momentum for the industrial market this year.



CBRE foresees the average U.S. industrial rent, which was on track to set a new all-time high by the end of 2016, increasing by roughly 5 percent in 2017. The company also expects net demand for new industrial space to continue to outpace the slow but steady increase in new construction, which it has each year since 2010.

The market’s primary engine remains e-commerce.

Market research firm Forrester predicts that U.S. online sales will increase by 9.3 percent annually over the next five years to $523 billion.

At that rate, CBRE calculates that e-commerce will generate roughly 40 million square feet of new demand for U.S. industrial space each year through 2020, based on the industry rule of thumb that each $1 billion of new online sales volume creates demand for another 1 million sq. ft. of warehouse and distribution space, depending on inventory attributes and level of automation.

In context, net demand from all industrial users in 2016 is estimated to total 250 million sq. ft. once final numbers are tallied.

“E-commerce users typically need two to three times as much space as a traditional industrial occupiers due to e-commerce’s use of more labor and automation,” said Adam Mullen, CBRE’s Senior Managing Director of Industrial & Logistics, the Americas. “Thus, as e-commerce growth continues unabated, industrial-market conditions will remain favorable throughout 2017.”



Once the industrial market taps the brakes a bit, it appears likely to settle into a new baseline.



“The industrial market of this cycle has exceeded all historical precedent for its growth,” said David Egan, CBRE’s Head of Industrial & Logistics Research, the Americas. “The reason is that e-commerce has created a sustainable, structural shift in the market. While the market eventually will lose momentum, it will then settle into a new normal rather than retreating to levels predating the spread of e-commerce.”


Egan told SCMR in an interview that he thinks that 2017 is likely to mirror 2016 in that demand will be broad-based but that the core distribution hubs and population hubs will remain the focus. 

“From a rent growth point of view, I think the very tight (low vacancy rates) core markets such as Los Angeles, Inland Empire, Oakland, Chicago, Seattle, Miami, and New Jersey will see 3-5% or greater growth.  Construction has picked up in these markets and is getting close to meeting demand which will slow the rate that vacancies are declining.”



About the Author

Patrick Burnson
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at .(JavaScript must be enabled to view this email address).

Subscribe to Supply Chain Management Review magazine

Subscribe today. Don't miss out!
Get in-depth coverage from industry experts with proven techniques for
cutting supply chain costs and case studies in supply chain best practices.
Start Your Subscription Today!

Recent Entries

According to a global survey of CIOs by Gartner, Inc., top-performing organizations in the private and public sectors, on average, spend a greater proportion of their IT budgets on digital initiatives (33 percent) than government organizations (21 percent).

The Hackett Group & Symphony Ventures Announce Global Partnership to Enable Enterprise Digital Transformation Via Robotic Process Automation and Intelligent Automation

Having just announced the release of S2K 6.0, the latest version of its flagship ERP enterprise suite, VAI is using the survey as an opportunity to gather and share end-user insight into the industry.

With tax reform proposals coming this week, every manufacturer and supply chain provider should be watching out for a possible Border Adjustment Tax (BAT). And, if we see it we must quickly root against it.

The Manufacturing Institute, Deloitte and APICS recently released a study, “Women in Manufacturing: Stepping up to make an impact that matters.”

About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at [email protected]

Comments

Post a comment
Commenting is not available in this channel entry.