Real estate throughout the country is taking a huge hit as COVID-19 continues to spread around the globe. While we won’t fully know how deeply coronavirus will impact the industrial real estate market yet, there are small glimpses to how the demand for industrial real estate might change going forward. The spread of this virus is certainly an immediate, and hopefully short-term, threat to human and economic health, but there may be a long-term opportunity for the industrial real estate space to experience a period of growth.

Back in 2016, the Financial Accounting Standards Board promised to “upgrade” (to use its term) lease reporting standards, with the goal to “improve financial reporting about leasing transactions, and in so doing gain greater transparency for investors and other stakeholders.” IAMC members report that the upgrades did the trick, and transparency to investors has improved.

As an organization, IAMC fosters relationships that turn into both business partnerships and long-term friendships. The path to corporate real estate varies widely, and our members come from a variety of professional and personal backgrounds.

We thank Kristin Cahayla-Hoffman, Senior Real Estate Specialist, Air Products and Chemicals, Inc., for sharing hers!

With the number of responsibilities that we juggle on a day-to-day basis, it’s likely safe to assume that joining a professional member-based organization is fairly low on the priority list. It might even be hard to imagine that anyone would voluntarily sit through more meetings and activities after a full day of meetings at work. But the reality is that joining a professional organization will provide an invaluable wealth of knowledge, resources, and opportunities that you are otherwise missing out on.