Industrial

The firm says companies might also create more domestic supply chains.

Westcore's last investment in the Oakland area occurred two years ago with the purchase of an 87,870-square-foot, multi-tenant industrial property less than 10 miles from this property.

Aerospace companies occupy 23 million square feet of space in Los Angeles, and the industry could face major disruption from the COVID-19 pandemic.

The industry is already a major driver of economic growth nationally and in local markets like San Diego, and things are picking up.

Low vacancy, limited new construction and a surge in ecommerce demand from the pandemic will keep the Southern California industrial market on top.

Under CRES, Brennan aims to facilitate supply chain reconfigurations and monetize real estate holdings.

Max Finkelstein Inc., a wholesale tire distributor, will use new Lehigh Valley facility at I-81/I-78 to serve regional distribution centers throughout the Northeast and Mid-Atlantic United States.

While the pandemic showed weaknesses in the supply chain, it also demonstrates reasons why it may not be the best time to invest in automation.