Last week, presidential candidateJoe Biden announced an economic plan that aims to revive Americanmanufacturing and reclaim supply chains.
But even before the presumptiveDemocratic nominee announced his plan, some CRE observers sawCOVID-19 as an accelerant that could change where companies buildproducts.
"I think we will see moremanufacturing brought back to the US, particularly for anythinghealthcare-related," Jeff Berryhill, principal for StonemontFinancial Group, said earlier this year. "You will also seecompanies outside of those areas—that manufacture in Asia and arejust experiencing supply chain disruption—that will bring that backhere or at least diversify it."
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
