Recent analysis from CNBC has shown how the e-commerce boom evidenced in 2020 dipped slightly but steadied, suggesting a fundamental shift in how US consumers choose to shop. Quoting the Commerce Department, CNBC says online sales peaked at 15.7% of total retail sales in mid-2020 and that “while they’ve come slightly off that peak as [...]
Despite the ongoing uncertainty of the new virulent Omicron variant of Covid-19, there are a lot of positive signs that we can expect in 2022 for commercial real estate (CRE), according to a round-up of sources. The case for optimism First, however, an important caveat: Of course, all of these predictions are opinion. No matter [...]
By Andrea Morris, Administrative Assistant, NAI Black, Spokane, WA In late November, the NAI Black team was invited for a private tour of the newest addition to Spokane’s North Bank: The Podium. The detail and care put into the building’s design are evident as you move through each space. Our tour took us through the [...]
We’ve all seen how the Covid-19 pandemic gave the industrial sector the shove it needed to go from well-poised to interstellar. Now research from the Commercial Real Estate Development Association (NAOIP) suggests there is no slowing down for commercial real estate’s (CRE) newest darling sector. The NAIOP’s Industrial Space Demand Forecast for Q3 2021 shows [...]
Derek Doke's recent podcast is a recording of his September 2021 Webinar with NAI Black's, Chris Bell SIOR, Windermere Manito Commercial's, Chris Bornhoft CCIM, and Senior Advisor with SVN | Retter & Company, James Wade. They discuss commercial real estate and opportunities in Eastern Washington/Western Idaho.
A recent report from data provider LightBox suggests there is dawning but cautious optimism among commercial real estate (CRE) professionals when it comes to the prospects of the hospitality sector. Their second quarter 2021 Investor Sentiment Report declares that resort and leisure travel was looking strong for the “all-important summer season”, while the return of [...]
Data from the seventh annual industrial market report by WealthManagement.com Real Estate (WMRE) remains clearly bullish on the industrial sphere of commercial real estate (CRE), particularly on the points of sentiment, occupancy, and rent growth. The report is based on an April 2021 survey distributed to readers of Wealth Management Real Estate. Respondents include private [...]
Since April 2020, the National Association of Industrial and Office Properties (NAIOP) has been keeping track of the pandemic’s impact on CRE with their regular COVID Impact surveys. NAIOP’s June 2021 survey collected data from 239 US-based members, including brokers, building managers and owners, and real estate developers. A recurring theme in this latest survey [...]
NFTs have been all over the news in recent months – with some raking in whopping amounts for digital art on auction – but what exactly are they and why are they now being linked to commercial real estate (CRE) and property sales? Dealing in definitions NFT stands for non-fungible token. Something that is fungible [...]
The commercial real estate (CRE) reporter Konrad Putzier recently published a fascinating article in the Wall Street Journal (WSJ) about the sector’s resilience, and specifically investors’ confidence in that resilience. Published in May 2020, the article unpacks the factors that have worked into the sentiment analysis, showing that despite the hard knocks of the pandemic, [...]
