Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
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.
The UNCTAD is behind an initiative to promote sustainable development in every U.N. member state. 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.
Silicon Valley has dominated the tech scene from the beginning, but now, other cities are fast becoming tech cities. These cities offer low living and commercial space costs for a fraction of the costs in traditional tech cities. They are attracting the millennial workforce to their blooming tech startup cultures.
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 e-commerce creates, the market shrinks.
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. Could grocery stores replace department stores as our era's new “mall”?
Coldwell Banker Commercial Affiliates announced its 2017 year-end award recipients in numerous company, office, and affiliated professional categories. The award winners were announced at the 2018 Coldwell Banker Commercial Global Conference in Orlando, Florida.
Reuters reported at the end of last year's third quarter that the office vacancy rate had remained flat at around 16% for three straight quarters. Experts have predicted that the office market will continue to remain generally flat throughout 2018. Yet despite those numbers, some cities are really thriving.
Ten years ago, the industry barely existed. Today, it is a multibillion industry in the U.S. 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, several FinTech startups are impacting CRE.
Last year, we reported on a trend happening in Asia that is finding its way to the U.S.: the shipping container building movement. As retail looks for ways to get back into brick-and-mortar and for a reprieve from struggling malls, could U.S. airports be the next big win in retail?
Last month, President Trump discussed a massive infrastructure bill to improve the nation’s roads and bridges. Using a strategy of private-public partnerships, if this bill comes to fruition, it could have a big impact on some of the states with the worst infrastructure in the country while providing huge opportunities for CRE investors.