When unemployment rates go up as high as they did during the recession, newly unemployed folks rush to enroll in higher education. Either to improve their marketability and skills for an increasingly educated job market or to have access to money while looking for work, universities saw in uptick in both foreign and domestic student […]
A full 90% of new multifamily construction today is rentals according to one study. For the last several years, demand in multifamily has outpaced new construction, causing some places to see huge spikes in rent prices. Still demand has not slowed while prices have been growing by up to 8% year-over-year. Experts predict rent prices to normalize around […]
Lost in the headlines about Amazon acquiring hundreds of Whole Foods stores last year was the company’s announcement of a big search for a new second headquarters – although everyone in CRE was paying attention. Unusual but not atypical for a company as known for being innovative and different as Amazon is, opening a second […]
According to industry insider Tasting Tables, the industrial fad is fading. Instead of steel beams and concrete slabs, a big restaurant trend taking over the market is the move to more cozy interior designs. That’s just one trend that is reversing or changing. Additionally, European-style elbow-to-elbow café seating designs have lost their luster. Instead of diners having to […]
Since 2008, the US economy has worked its way through the five stages of the market cycle and as we believe is at the peak of the market. The good news is the commercial real estate market continues to perform and interest rates are still historically low. This is a great time for commercial real […]
The United Nations Conference on Trade and Development (UNCTAD) is behind an initiative to promote sustainable development in every member state of the U.N. Its stated goals also include initiatives to significantly increase sustainable industrialization in lesser developed countries (LDCs) by raising their share of GDP and industry share over the next 12 years. Included in the […]
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 […]
Silicon Valley has dominated the tech scene from the beginning but now, there are cities outside of Silicon that are fast becoming tech cities in their own right. These are cities with low costs of living, commercial space for a fraction of the costs in traditional tech cities, and that are attracting the millennial workforce […]
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 […]
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, […]
