Annually, Forbes releases its top cities for job growth and it is a comprehensive list of which locations in the United States are seeing the more growth. Not surprisingly in 2016 California continues to dominate the list as the Silicon Valley area continues to grow as technology companies continue to develop and grow even larger. Forbes looks at job growth and creation whether it be short, medium or long term back to 2004 and considers the momentum that job growth has seen to determine the ranking.
Flex space is typically for companies who are looking to have a warehouse and industrial space with manufacturing under one roof. The idea of flex space is to have multiple business needs and processes under one roof which can allow for a more efficient business flow but it may not be the right setup for every business.
Transit-oriented development or TOD is the development of transit hubs like train stations and airports into not only a place to go to travel but also a place to shop with retail locations coming into these transit hubs. As the traffic and congestion in these hubs comes in large numbers it only makes sense to put retail in the same place as most of these travelers are consumers as well.
Media Inquiries:Nicole BrzyskiColdwell Banker Commercial AffiliatesNicole.Brzyski@realogy.com
It is no secret that the tech sector is making huge impacts in everyone’s daily lives and even disrupting and changing the way certain industries do business. The commercial real estate industry and real estate in general is no exception to this trend.
Open offices were a big deal and are much-hyped thanks to tech companies such as Google and other startups looking for something different —a more collaborative environment. However, it seems the verdict is in and open concept offices are not being so well received these days. Just one simple Google search for “open concept office” and most of the results are negative articles about open office concepts. One article even proclaiming that “Google got it wrong.”
Recently, Amazon unveiled their newest concept called Amazon Go. While Amazon has taken over and changed the face of many industries, most notably books, they have been looking to get into grocery. While Amazon has had Amazon Fresh, a grocery delivery business, everyone is now talking about their brick and mortar grocery concept which is called Amazon Go. Here is what you need to know when it comes to Amazon Go.
Released in October, the Urban Land Institute’s annual Emerging Trends in Real Estate Report profiles some of the biggest trends set to impact the real estate space in 2017. Although the U.S. market has seen a lack of security in recent months —from Brexit to the U.S. presidential election— the report shows a much more favorable outlook than the rest of the world.
Media Inquiries:Nicole Epps Evan JordanColdwell Banker Commercial CooperKatz for Coldwell Banker Commercial973.407.7251 917.595.3056nepps@cbcworldwide.com ejordan@cooperkatz.com