Category Archives: Industrial
CBRE-Albany reports strong Capital Region warehouse demand and lowest vacancy rates since recession.
From the Business Review: Slightly more than 1 million square feet of industrial space was filled in the first half of 2015 in the Albany, New York, area, dropping the vacancy rate to the lowest level since before the last recession, … Continue reading
From the Albany Business Review: The nanocollege is expanding its $17 billion Albany, NY research campus, constructing a new 31,000-square-foot building that will provide more classrooms and lab space for its growing student body.Tech Valley High School in East Greenbush, NY … Continue reading
New York State Governor Andrew Cuomo announced today that IBM, Intel, Samsung, TSMC, and GlobalFoundaries will all be adding jobs upstate, according to the Business Review. Five major international computer-chip companies will inject $4.4 billion into five new R&D operations … Continue reading
The Business Review reports that the Albany area is among 96 of the top 100 markets that lost manufacturing jobs over the last five years. The manufacturing sector is in general decline. The nation’s 100 major markets lost 1.43 million … Continue reading
The Business Review reports that ninety-nine of America’s 100 biggest markets have fewer manufacturing jogs today than they did 10 years ago. Bakersfield, California, the only exception, gained 2,100 manufacturing jobs. The Los Angeles area lost the most, 301,600 jobs. … Continue reading