How to Network When You Can’t Meet Up with People
To make business connections in the age of coronavirus, people need to go online to form relationships and nurture them. That means throwing out the old strategies. It is hard to be an effective networker when you can’t shake hands, go to a conference or meet at a restaurant.
COVID-19 Will Drive Changes in Industrial Real Estate
Companies may shift from a lean-inventory strategy and position more safety stock around the country, a move that calls for additional storage space and not necessarily just in the short term.
Working With Struggling Tenants? This is What Landlords Need to Do to Protect Themselves
Even if a landlord offers rent relief to a tenant, there’s no guarantee that the retailer will survive.
“With the large retailers and probably more so with the small local businesses, there’s no certainty they will make it,” Steven J. Solomon, a locally-based managing shareholder at the law firm of Gray Robinson.
Survey: 69% Of Companies Plan to Shrink Office Footprint, Increase Remote Work
A new survey suggests working from home will be a permanent fixture of corporate life. Sixty-nine percent of corporate real estate professionals said their company will take up less real estate after spending time working from home, according to a CoreNet Global survey released Wednesday.
Investors who have like-kind exchange or opportunity zone deadlines between April 1 and July 15 now have a little more time to close their deals. The IRS issued new guidance Thursday night that granted all taxpayers, including “trusts, estates, corporations and other non-corporate tax filers” a filing extension until July 15.
The National Association of Realtors told its members the decision benefits investors who are involved in 1031 exchanges or opportunity zone investments.
Taking a hardball attitude with a landlord could backfire on the tenant.
As the coronavirus continues to wreak havoc on the US economy, commercial tenants and landlords around the US are engaging in conversations about rent relief. These are, to state the obvious, uncharted waters for many of these companies and they are feeling their way in how they handle these negotiations.
While the Fed cut rates again on Sunday, spreads have widened, meaning the cuts will have little impact on commercial real estate deals.
The Federal Reserve cut interest rates twice in two weeks in response to the impacts of the COVID-19 outbreak.
A creditworthy tenant with a certain degree of correction-resistance in its marketing strategy is a fairly sure bet to hedge against the vagaries of the greater market.
The coronavirus news gets scarier every day as the spread of the disease worsens.
Class B and C office buildings traditionally have trailed their Class A counterparts in adopting energy efficiency strategies and green leasing provisions, but they are also the asset class with the most to gain from these measures, according to a new research report by BOMA International, RMI, ULI and Yardi.
Thinking Outside the Lunchbox
A scalable, carbon-neutral street food concept for local communities.
High rents make it hard for independent chefs to open their own restaurants and as a result, the UK’s city centres are increasingly dominated by chains selling packaged food – neither local nor nutritious.
New Warehouse Supply Projected to Exceed Demand Over Next Two Years
Forecast suggests boom in industrial real estate is losing steam even as vacancy rates remain historically low
New warehouse construction across North America is expected to outstrip demand over this year and next, according to a new report that suggests a years-long boom in industrial space fed by e-commerce growth may be shifting in favor of tenants.
Why Net Lease is the Darling of the Retail Sector
Along with industrial properties, the much-maligned retail sector should be strong in 2020.
Retail may be getting a bad rap nationally, but one observer thinks you shouldn’t paint the entire sector with a broad brush.
Occupiers Opting to Buy Real Estate to Avoid Rent Increases
With average asking office rents across the country up nearly 20% over the past five years, many occupiers are seeking alternatives to leasing space. One option to circumvent paying high rents is for a business to invest in its own building, which entails additional benefits of portfolio diversification and avoiding the need to recognize a lease obligation on its balance sheet as required under Financial Accounting Standards Board (FASB) regulations.
Unfolding Trends That Will Dominate the Next Year
In a prestigious office tower minutes away from Philadelphia’s City Hall in the heart of its downtown, you can find a Primrose school, one of a national system of accredited private preschools.
All Signs Point to a Slowing Industrial Asset Class
The industrial asset class has been the darling of the commercial real estate industry for the last few years, buoyed by e-commerce and other related trends. However, there are indications its growth will slow in 2020, based on numerous statistics.
Foreign Investors Still Love U.S. CRE Assets Even As Prices Rise
A positive interest rate environment is keeping the U.S. on many foreign commercial real estate investors' target lists, even as rising building costs squeeze affordability.
The Real Capital Analytics U.S. commercial property price index, a measure of all commercial asset prices, grew 7.5% year over year for the 12 months ending in October, with industrial asset prices alone shooting up 12.4%. Even as rising prices reduce affordability, U.S. assets continue to provide foreign investors with a healthy dose of price appreciation and quality, along with stable local economies that are irresistible, analysts say.
A strong jobs report, the stock market performing at record highs and low interest rates continue to fuel
U.S. commercial real estate’s prolonged growth cycle. But overall economic growth has fallen as the year progresses, raising commercial real estate’s favorite question: How much longer can it all last?
WeWork, which has gone from hot startup to bailout candidate in a month, will face a tidal wave of rising real-estate costs that could top $10 billion in the next four years, a result of its growth-at-any-cost strategy.
The greatest transfer of commercial real estate is underway and largely because the Baby Boomer generation is exiting commercial property ownership with greater frequency as they age out of the business and their adult children would rather have the cash, according to Jerry Fennelly, with NAI Fennelly. Among his current assignments, he recently won a listing to sell a medical office property and additionally, the majority interest of a commercial condo project near the medical office building.
Developers See Old Office Parks As Ripe For Residential
Traditional suburban office parks can have a hard time landing tenants in today's market, and developers see adding housing as a way to improve the viability of the properties. EYA Executive Vice President Aakash Thakkar, speaking at Bisnow's Greater D.C. State of Office event last week, said the strategy of building new residential projects on parking lots in office parks, or tearing down the obsolete office buildings and replacing them with housing, has become increasingly common.