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Real estate

What will the AEC industry see in 2021?

Members of the AEC (Architectural, Engineering & Construction) industry are looking ahead to 2021 and realize the year ahead looks challenging. However, 2021 will present opportunities for leaders who are anticipatory and think strategically. Those leaders will look for the hard trends and soft trends, identify the disruptors in the industry and subsequently define the opportunities that will exist for them.

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A pandemic-fueled spike in online buying boosts demand for warehousing and delivery centers

Before COVID-19, the economy was in incredible shape, backed by high consumer spending, said Mike Rohm, of SVN Latus. Basically, the risk of recession seemed remote and the commercial market was riding the wave, too, said Rohm, who covers primarily Cumberland and Dauphin counties. Property values were climbing, and local investors were competing for the best assets against out-of-town investors, he said. 

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