The annual infrastructure issue of Site Selection is an ideal occasion to roam the newsrooms of IAMC member organizations for insights into projects across the infrastructure spectrum. (See even more in this issue’s Top Utilities in Economic Development and Global Groundwork Index features.) Scanning these newsrooms reveals IAMC’s wide geographic reach, depth of knowledge and scope of expertise.

Nearshoring is in full swing in Nuevo Leon, home state to the dynamic metro of Monterrey (pictured) where IAMC held an event earlier this summer.

More than three-quarters of nearshoring investments in Mexico have gone to Nuevo Leon – including some projects from IAMC member companies. The overall Mexican nearshoring trend was well documented in a 2023 white paper from IAMC member organization Maersk, “Nearshoring North America: Supply Chain Considerations for When Closer is Better.”

One of the reasons the March issue of Site Selection is among the most highly anticipated of the year every year is it’s the first opportunity to collate projects from the previous calendar year that qualified for the Conway Projects Database … As the issue arrives at the same time as IAMC’s annual report, project data from IAMC Corporate Active member companies show that they were engaged in 486 facility investment projects around the world involving at least $62.8 billion invested and at least 72,848 new jobs.

Read more in Site Selection Magazine’s digital edition.

There’s good news and bad news to be had in the subject of diversity, equity and inclusion (DEI). First, the bad news. The commercial real estate industry still has a long way to go. The good news is that years of progress have all-but vanquished the Good Old Boys Network.

“We’ve made great strides,” says Marcus Rose, senior real estate manager for NFI in Camden, NJ. “We can see efforts across all the disciplines, as well as in leadership. Of course, there’s always room for improvement.”

Indeed. But real estate isn’t alone.

Here’s a little irony for you: Coworking, which has been a tenant’s option in the office market for about four decades now, has gained serious post-pandemic steam as office tenants continue to reevaluate (and often cut back) their office requirements. And yet, coworking in the industrial sector is gaining steam specifically for the opposite reason: There’s too much space demand.

Now for some disclosure. The industrial coworking (or co-warehousing or shared space) market is embryonic. As such, growth statistics are hard to come by. In fact, a good handful of IAMC members contacted for this article hadn’t heard of the trend, and if they had, they hadn’t seen it in local action.