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 initiative are 17 different goals that all member states are striving to achieve which are detailed in the U.N.’s Sustainable Developm... read more
Reuters reported at the end of the third quarter last year 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, there are cities that are really thriving and we found 10 where the office market is not flat but rather booming with low vacancies and high demand.
The State of the Office Market
The overall office market has stayed flat as new construct... read more
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 impacting CRE.
Investors are Backing FinTech Startups
CRE pros that ignore FinTech startups do so at their own peril. There is ... read more
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, could grocery stores replace department stores as the new “mall” of our era?
New Malls Turned Grocery Hubs
Headwinds coming from all directions have challenged retail for years now. Fir... read more
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 rents and low vacancy rates.
Why Is Flex Space So Attractive?
First, flex space is so attractive because it accounts for various kinds of industri... read more