Wednesday, April 13, 2011

First Quarter 2011 Los Angeles Industrial Market Reports Now Available

Check the heading for links to the new industrial market reports. Basically, the first quarter saw positive industrial demand in all markets. So the recovery that started with Fortune 500 companies a year ago in the Inland Empire has finally worked its way into all markets. I expect rents to start going up and development to continue this year. Fuel prices, inflation, stagnant job growth, and a changing regulatory climate, you can expect these too.

Wednesday, April 6, 2011

10,000 Shipping Containers Lost at Sea a Year

Right now, as you read this, there are five or six million shipping containers on enormous cargo ships sailing across the world’s oceans. And about every hour, on average, one is falling overboard never to be seen again. It’s estimated that 10,000 of these large containers are lost at sea each year. I had no idea lost containers were this prevalent. Source: MBARI