Continuing on last year’s success, the industrial market is still facing ever-tightening space on the coasts and in city hubs all across the country. Mainly spurred by the logistical challenges created by e-commerce, the market continues to shrink. In response, there are businesses looking for industrial flex space right now to overcome the challenges of rising rents and low vacancy rates.
For decades, large department stores served as the anchor store for malls and shopping centers. The anchor is the main attraction while all of the other retail shops inside of the mall pay the majority of the lease. Without the anchor, the mall dies. With so many big anchor stores closing in malls throughout America, could grocery stores replace department stores as the new “mall” of our era?
MADISON, N.J. (April 18, 2018) – Coldwell Banker Commercial Affiliates announced its 2017 year-end award recipients in numerous company, office, and affiliated professional categories.
Reuters reported at the end of the third quarter last year that the office vacancy rate had remained flat at around 16% for three straight quarters. Experts have predicted that the office market will continue to remain generally flat throughout 2018. Yet despite those numbers, there are cities that are really thriving and we found 10 where the office market is not flat but rather booming with low vacancies and high demand.
Ten years ago, the industry barely existed. Today it is a multibillion industry in the U.S., raising nearly $20 billion over the last three years. Although the majority of the top financial technology or “FinTech” startups are small business and individual lenders, blockchain and cryptocurrency companies, and data analytics firms, there are several FinTech startups that are impacting CRE.
Last year, we reported on a trend happening in Asia that is finding its way to the U.S. and that is the shipping container building movement. Now as retail looks for ways to get back into brick-and-mortar and for a reprieve from struggling malls, could U.S. airports be the next big win in retail?
Last month, President Trump gave his first State of the Union Address. In it, he renewed his talk of a massive infrastructure bill to improve the nation’s roads and bridges. Using a strategy of private-public partnerships, if this bill comes to fruition, it could have a big impact on some the states with the worst infrastructure in the country while providing huge opportunities for CRE investors.
Vacancy rates are at all time lows. Absorption rates are at their highest and the “industrial sector has outperformed all other property types with double-digit total returns” according to the Integra Realty Resources 25th annual Viewpoint report covering the commercial real estate industry.
Spring may be coming early this year which is a good sign you should start dusting off your social media presence a little early this spring too. If you’ve let your social media channels die off over the last few months, it’s time for a refresh. Here are some of our top tips for springing into social media this spring.
