CBC frequently discusses real estate’s impact on the environment. In the past, the CBC team has researched ESG (Environmental, Social, Governance) initiatives and how to incorporate those values into a business model, the negative impact real estate has on climate change mitigation, and steps many companies are taking to reduce their carbon footprint. Fortunately, we are seeing investors and developers become increasingly interested in improving the quality of our built environment. According to a new report by 42Floors, as many as half of the top office projects in the U.S. due for completion in 2022 reflect that interest in sustainability-oriented building practices. In this blog, we will discuss the three cities in the U.S. that have the greenest office space with data from 42Floor’s “How Green is U.S. Office Space? Mapping Top Cities & Tracking 10 Years of Development (2010-2020)” report.
Photos Courtesy of Coldwell Banker Commercial Rio Grande Valley: Download Images
Photos by Coldwell Banker Commercial Realty: Download Images
Following record-highs from 2021, commercial real estate activity has remained elevated in 2022 – led by multifamily
On this episode, Christina Balas is joined by Matt Kornfeind, Senior Director of Growth at Coldwell Banker Commercial. With over 15 years in the industry, he is driven and deeply cares for his clients' successes. Moreover, he has witnessed changes in the commercial franchising landscape and is an expert of how to best leverage a brand to grow in the commercial real estate space.
Since the start of 2022, there’s been a massive wave of new residents streaming into Florida. Remote work, warm weather, and looser COVID restrictions have played a significant role in the Sunshine State becoming the most sought-after region by renters this year. Miami specifically is considered the hottest rental market in the nation. In fact, demand for apartments in Southern Florida is stronger than ever, making it difficult for apartment hunters to find a place to call home. According to a report by RentCafe, this is due to high occupancy, low supply, and record-high lease renewal rates.
Photos Courtesy of Coldwell Banker Commercial Realty: Download Images
HELENA, Mont. (August 4, 2022) – Coldwell Banker Commercial represented both the buyer and the seller in the sale of an office building located at 840 Helena Ave. in Helena, Mont. in a transaction valued at $6.25 million.
Despite global market volatility and a variety of challenges in the industry, construction activity still continues to increase across multiple markets. Some of these challenges include universal inflationary trends founded on construction labor shortages, demand exceeding supply, and disruption in supply chains hitting costs and programs. According to Turner & Townsend’s 2022 International Construction Market Survey, when it comes to increasing construction costs—including labor and materials costs—the United States dominates rankings of the most expensive places in the world for real estate development.
On this episode of ICYMI we recap our continued growth at CBC, new marketing initiatives, awards updates and both CBC as well as industry events upcoming.