Archives for Matthews REIS / Page 110

  The demand for online food and grocery delivery services skyrocketed in 2020 as consumers opted for online ordering to avoid crowded spaces like grocery stores. From 2019 to 2020, online grocery spending increased by 133 percent, according to 1010Data, a data analyst company. By 2025, online purchases will account for 21.5 percent of all […]

After a year of navigating COVID-19 and the repercussions that came with it, food brands are implementing new ideas and solidifying practices adopted during the height of the pandemic. Some brands are taking it a step further by reestablishing their position in the restaurant space through rebranding strategies to better reflect their new operations and […]

Part of the original 13 colonies, the city once served as a terminal stop of a major state-sponsored railroad but eventually saw rapid growth after multiple railroads used the terminus as a convergence point. Today, the Hartsfield-Jackson Atlanta International Airport is the busiest in the world by passenger traffic alone since 1998.   According to […]

  West Hollywood is surrounded by some of Los Angeles’ premier employment hubs. This affluent city is primarily residential but provides residents with a dense urban feel. Santa Monica Boulevard runs through the submarket, boasting a range of bars, restaurants, coffee shops, and parks. Many young professionals reside in West Hollywood as it provides a […]

  Before last year, Austin boasted one of the strongest office markets in the nation with incredible job growth, rent growth, and hefty supply pipelines. In fact, Austin saw the lowest job losses last year than any other market. Various tech companies are headquartered in Austin, including IBM, Dell, Apple, Facebook, and Oracle. Austin’s growing […]

  For the first time in a decade, Los Angeles rents decreased due to the pandemic. In late 2020 and early 2021, demand intensified, particularly for larger units on the outskirts of Los Angeles, while Class A communities posted sharp declines. However, average rents appear to be stabilizing in Q1 2021, and some outlying submarkets […]

  Southern California’s San Fernando Valley is an urbanized valley in Los Angeles County. It encompasses about 80 percent of the City of Los Angeles and includes other independent cities, including Burbank, Calabasas, Glendale, Hidden Hills, and San Fernando. Comprised of nearly 350 square miles of prime real estate, the San Fernando Valley is home […]

  East Los Angeles is an unincorporated area and census-designated place (CDP) in Los Angeles County. The area is located immediately east of the Boyle Heights district of Los Angeles, south of the El Sereno district of Los Angeles, north of the city of Commerce, and west of Monterey Park and Montebello. Put more simply, […]

This month, Matthews™ interviewed Vice President & Senior Director, Alex Harrold for his insight on what’s currently happening in the market. In this interview, Harrold discusses the impact that COVID-19 played in industrial’s growing footprint, presents the best opportunities out there for investors, and reflects on industrial’s overall positive performance in 2020.