Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
According to the U.S. Green Building Council, “green building is the practice of designing, constructing and operating buildings to maximize occupant health and productivity, use fewer resources, reduce waste and negative environmental impacts, and decrease life-cycle costs.”
The 24/7 sushi bar at Google, nap rooms at Huffington Post, and cold brew coffee on tap at a local startup company — these features are becoming more and more common in workplaces around the world. Not only are these amenities on trend, but they also aim to increase employee satisfaction and creativity.
Americans have many ways to quench their thirst, from sodas to designer waters. A visit to a ballpark often doesn’t seem the same without a hot dog and a cold beer. While per capita beer sales have fallen 12% from 20091 levels, the number of craft breweries has exploded.
You’ve likely read about, heard about, or encountered the word — PropTech. These days, PropTech is one of the biggest buzzwords in commercial real estate. But how much do you actually know about PropTech? In this article, we’ll dive into PropTech and the relevant information about the term.
Driverless cars are everywhere. Now, the autonomous car trend is spreading across the world. So, we need to prepare for the changes that these vehicles could cause. Whether on the road or in your home, driverless cars will begin to affect your day-to-day life.
Today’s consumers want to ensure that their purchase makes a difference. Buying from a main street shop offers a connection to local business owners and artisans and gives consumers a real sense of their impact on their community.
According to a report from Reis, U.S. retail vacancies were at 10.2% at the end of 2018, a marginal increase from 10.0% a year earlier. Current market trends have challenged retail owners and investors with vacancies in retail spaces on Magnificent Mile, Fifth Avenue, and Main Street.
In today’s business climate, accurate and relevant information is crucial for commercial real estate investing success. You could be in real trouble if you don’t know the local market. Despite this fact, commercial real estate is a sector favorite among investors, with its relatively strong returns with only minimal to moderate risk.
Regarding the new boomtowns… are secondary cities the new black? Before you write the idea off, hear us out. As more traditional, “mainstream” cities in the United States become saturated, commercial real estate investors are shifting their eyes and focusing more on cities outside this top tier.
Coldwell Banker Commercial Affiliates today announced Grayson Powell as the recipient of its 2018 Halter/Case Leadership Award. Grayson Powell Sr., managing partner of Coldwell Banker Commercial Sun Coast Partners in Wilmington, North Carolina.