Sales of retail properties continue to accelerate, with most investor groups now on the lookout for attractive retail assets, according to the most recent report from Real Capital Analytics (RCA), a New York City-based research firm....More
Retailers are trying to keep up with each other by “omnichanneling”—setting up various points of purchase, both online and in stores—for their consumers. Manufacturers are working to shorten supply chains. Feeding this distribution beast requires new buildings in large population areas—smart centers that serve as the straight-to-consumer location rather than as a hub of multiple stopping points....More
Hotels have been riding high on the rebound in both leisure and business travel. The returning demand has bolstered key fundamentals such as occupancies, average daily rates and revenues per room (RevPar)....More
But growing a business is more complicated than ever due to a number of factors. So, what’s driving industrial real estate development? We’ve examined the second quarter reports of six leading commercial real estate services firms to find out.
Developers are trying two distinct approaches to attracting new office tenants in a market that is rapidly seeing cheap, big-block space dry up: the tried-and-true new class-A headquarters building and repositioning a dated property....More
Store closings and store-closing announcements have spiked dramatically, and experts foresee even more closings as retailers cull their underperforming stores and focus on omnichannel retailing....More
Apartment buildings have a new way to show off how energy efficient they are: an Energy Star score from the U.S. Environmental Protection Agency. If the score is high enough, a building can even get an Energy Star plaque to go next to its front door....More