Has the in-store experience given way to the online shopping craze? Not quite yet, according to the experts at Coldwell Banker Commercial Affiliates. The Omnichannel Retail and Commercial Real Estate Survey of November 2016 finds that brick and mortar have yet to roll over and play dead – and, in fact, Millennials actively want to shop in-person.
With the market changing over time, retailers in the grocery and apparel sectors are having to constantly rejigger their techniques in order to stay relevant. Let’s break down the facts so that you have a better chance of coming out on top when the competition gets tight.
Everything old is new again. This even pertains to shipping containers, some of the older of which are being transformed into homes as part of what’s known as the container home trend. This trend is also spreading to multifamily and even office space, with trendy office denizens putting them inside the building as individual offices.
Media Inquiries:Nicole BrzyskiColdwell Banker Commercial Affiliatesnbrzyski@cbcworldwide.com
With cities and urban areas attracting more people and an increasing population not only in primary cities but also in secondary cities, the population in these areas is also creating a highly skilled employee pool for potential employers. Due to this some companies are either expanding and putting new offices in these cities or they are moving their company to these cities to benefit from the pool of skilled workers.
It should be no secret that foreign investment has been a large source of overall investments in the American commercial real estate market. This can be a testament to the strength and favorable returns that can be found in the U.S. market. The most foreign investment in commercial real estate is coming from China for a total of 29% of all foreign investment in the country that is approximately $19.2 billion of foreign money coming into the U.S from China. Coming in at second is Canada which invested $13.1 billion in the last year.
Uber has exploded and become a ubiquitous transportation service in almost every metro as well as throughout the country. It has been incredibly disruptive particularly to the taxi industry. The company utilizes what is known as the sharing economy by allowing any individual to sign up and use their own vehicle like a taxi to transport other individuals from point A to point B.
Going green is more than just a trend now but what options there are to go green has seen incredible changes throughout the last few years. While small changes can help your lifestyle to be greener there are large changes as well that can be made not only by individuals in their lives but also large companies and developers.
Typically, warehouses are expansive one level buildings surrounded by other warehouses, however, things are starting to change when it comes to warehouses. With different factors having an impact on the logistics industry, one interesting thing to look at from a commercial real estate perspective is the warehouses that are going vertical. In the current environment of constant change, this makes sense and here are some reasons why.