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2022 Big-Box Outlook

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A variety of factors across North America have impacted demand for big-box industrial facilities. While most sectors struggled through the global COVID-19 pandemic, the industrial market continued to go against the grain. Core markets including the Inland Empire, Dallas-Fort Worth, Atlanta, Chicago, Northern-Central New Jersey, Southern New Jersey-Eastern Pennsylvania and Toronto continue to be the destinations of choice for many occupiers, while emerging secondary markets that are near the fastest-growing population centers — and in close proximity to the most utilized logistics hubs in the region — continue to grow.

In this unique interactive report, we examine the North American big-box industrial market in 2021, which includes the seven core North American big-box markets and nine emerging secondary markets. We will highlight the fundamentals and look at demand factors, including demographics and logistics capabilities, and assess what lies ahead in the quarters ahead.

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2022 Big-Box Outlook

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Amanda Ortiz

Director, National Industrial Research

Chicago - Rosemont

Amanda Ortiz is the Director, National Industrial Research on the National Marketing & Research team at Colliers. Based in Chicago, Amanda partners with national and local teams to deliver market intelligence initiatives and provide direction to drive national competitive advantage through research strategy, development and analytics.

Amanda possesses comprehensive experience in both database management and trend analysis. Her knowledge of the macro and micro factors affecting the commercial real estate market results in proactively positioned research.

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Anjee Solanki

National Director, Retail Services & Practice Groups

San Francisco

AREA OF EXPERTISE

In Anjee’s current role, as National Retail Director for the USA, she has developed strong relationships and strategic leadership to over 500 + retail professional nationally across 140 markets within Colliers for Investment Sales, Agency, Retailer Rep, and Retail Asset & Property Management.

Anjee Solanki brings 30 years of focused retail real estate experience to Colliers International.  She provides strategic retail advisory services to enhance value for her clients with her expertise in lifestyle, community, power center, neighborhood, mixed-use retail/residential, and resort retail. 

She has developed and manages strong working relationships with institutional and private clients such as State of Florida, State of Michigan, Heitman, Invesco, Grosvenor Americas, American Realty Advisors, TH Realty, PNC, and Zurich to name a few.

Her strategy identifies current market and property inefficiencies to capture untapped value through asset repositioning, releasing, redevelopment, rehabilitation, proactive management, and enhanced marketing. 

Creative problem-solving is her specialty, and she becomes a key stakeholder with national and international retailers, such as JPMC, Opry City Stage/Ole Red and Tim Hortons, and many others. Her highly focused approach reduces the risk profile and provides clients with a thoughtful approach executing strategic multi-year planning initiatives. 

BUSINESS BACKGROUND

Previously, Anjee served as Executive Vice President, Retail Services for Madison Marquette. She successfully assisted with repositioning community centers to lifestyle projects and identified opportunities to create value, resulting in higher returns for her clients. She also provided strategic analysis on complex redevelopment projects to address both the asset’s financial stabilization and/or the client’s exit strategy

BLOG

Anjee continues to be an insatiable collector of all things retail. She’s a student of culture living next door to future shoppers, whose fleeting trends constantly change the retail landscape … driving retailers, landlords and developers crazy! Read her Blog at:  https://knowledge-leader.colliers.com/author/anjee-solanki 

COMMUNITY INVOLVEMENT

Anjee is originally from Southern California and currently resides in San Francisco.  She is active in the Rincon Hill neighborhood residential improvement group, which participates in the public review of the highly anticipated Salesforce Transit Center in San Francisco.
 

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Jack Rosenberg

Executive Vice President

Chicago - Rosemont

I am a principal of Colliers International specializing in site acquisition, leasing, sales and build-to-suits for industrial users and developers. As the national director of the Colliers Logistics and Transportation Solutions Group Steering Committee (L&T), we deliver focused solutions to the increased challenges of today’s global shipping and transportation community. 

In the last five years, I have completed transactions totaling in excess of $300 million for clients like Best Buy, Bridgestone, Lawson Products, and Arvato Digital Services.

Other accomplishments include:

  • Top 10% producer for all brokers in the Colliers Americas region
  • Named Chicago Industrial Broker of the Year, 1999
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