Industrial

Legalized Marijuana Sector Creates Opportunity, Special Requirements

Commercialized marijuana is big business and is expanding as a new asset class at an astronomical rate, according to a ULI Spring Meeting panel of industry investors, operators, and legal experts on the state of the cannabis business and real estate opportunities being created in the sector. Twenty-eight states have legalized the sale of medical marijuana, and eight states plus the District of Columbia allow recreational marijuana to some degree.

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Recent Articles

  • Three Cities Tapping into the U.S. Brewery Boom

    April 7, 2017

    Breweries have an almost magical ability to revitalize neighborhoods and even entire towns, according to panelists speaking at ULI’s 2017 Carolinas Meeting.

  • In Brief: U.S. Industrial Markets Maintained Record Pace in 2016

    February 8, 2017

    Last month, Cushman & Wakefield reported that U.S. industrial markets absorbed 63.6 million square feet (5.9 million sq m) of space in the final quarter of 2016, which propelled net absorption for the year to a record-setting 282.9 million square feet (26.3 million sq m). According to the company, the U.S. industrial vacancy rate for all product types continued to decline in the fourth quarter, falling 30 basis points (bps) from the prior quarter and 100 bps from the prior year to 5.5 percent.

  • E-Commerce Retailers Solving for Last Logistical Mile as Projected Sales Top $2 Trillion

    November 21, 2016

    When it comes to the e-commerce explosion, it’s all about “the last mile,” and almost anything is imaginable. “The last mile can be executed on foot, bicycle, hand cart, unicycle, skateboard, jetpack, Uber, Lyft—the list goes on,” said Benjamin Conwell of Cushman & Wakefield, a former director of Amazon’s North American real estate operations, speaking at the 2016 ULI Fall Meeting.

  • ULI to Advise on Transformation of Port, Former Steel Mill in South Carolina

    September 19, 2016

    A ULI Advisory Services panel will visit the city of Georgetown and Georgetown County to advise representatives on how best to transform a 150-acre (61 ha) site into a catalyst for economic development.

  • ULI Los Angeles and Verde eXchange Host FutureBuild 2016

    February 24, 2016

    FutureBuild 2016, hosted in January by ULI Los Angeles in partnership with VerdeXchange, offered a look at urban growth challenges in Los Angeles that are illustrative of issues faced by cities everywhere as they aspire to become more livable, prosperous, and sustainable.

  • Philadelphia, S. Florida among Emerging Logistics Hubs for the Next Decade

    January 25, 2016

    Over the next decade, 20 markets worldwide—including south Florida; Santiago, Chile; El Bajío, Mexico; and Philadelphia—are set to emerge as global logistics hubs, according to a new report from CBRE Group Inc.

  • High-Tech Manufacturers Moving to Smaller Factories, Bigger Warehouses

    November 2, 2015

    Advanced manufacturing, which uses high levels of technology in addition to innovative materials and processes, is replacing traditional production in many locations and creating new industrial centers in others. A panel at ULI’s Fall Meeting addressed the changes in manufacturing and how they will affect urban centers.

  • “Maker” Movement Bringing Life Back to Warehouse Districts

    October 26, 2015

    From craft breweries to artisanal food producers to bespoke jewelry crafters, modern small-scale manufacturing is breathing new life into long-abandoned warehouses and factories said panelists speaking at the ULI Fall Meeting in San Francisco.

  • Growth of E-Commerce Sparking Interest in Hybrid Property Types

    May 22, 2015

    With e-commerce activity increasing, the real estate market is scrambling to keep up with a new type of building demand that combines distribution centers with fulfillment centers, said experts speaking at the ULI Spring Meeting.

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