Newmark’s survey of major manufacturing announcements made since 2020 illustrates the breadth of manufacturing growth, with more than 160 metro and micropolitan areas across the U.S. set to receive at least one new facility. Although surveyed announcements fall in a wide variety of places, the regions poised to benefit most are predominantly secondary and tertiary metros near major markets with higher-than-average levels of preexisting advanced manufacturing talent, relatively lower-cost energy and abundant, affordable land.
This second installment of Newmark’s three-part series on advanced manufacturing growth in North America dives into unique trends driving manufacturing momentum, site selection considerations and top growth markets, as well as challenges to meeting manufacturing needs.
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- Manufacturing Momentum: Scaling for Success in Ke…
Manufacturing Momentum: Scaling for Success in Key Markets
January 2024
Many leading manufacturing growth regions in the U.S. share common traits, with implications for industrial real estate markets.
For additional information, contact:
Elizabeth Berthelette
Head of Northeast Research & National Life Science Research
Connall Chamberlain
Associate - Industrial Tenant & Agency
Jared Morzinski
Senior Research Analyst
Lisa DeNight
Managing Director, National Industrial Research
David Bitner
Executive Managing Director, Global Research
Jack Fraker
President, Global Head of Industrial and Logistics, Capital Markets
Adam Petrillo
Executive Managing Director
Kyle S. Roberts
Vice ChairmanIndustrial & Logistics / Capital Markets
Adam Faulk
Vice Chairman
Robert Hess
Vice Chairman, Global Strategy