It is now a well-established fact that the retail sector was both broadly and deeply affected by the Covid-19 pandemic, in the US and abroad. Our NAI Global Real Estate Outlook study, Q42020, includes the finding that over half of survey respondents (57%) said the “Amazon effect” was expected to have an even larger impact [...]
One of the hardest pandemic-hit sectors in the last 12 months is travel and tourism, a space with significant overlap with commercial real estate (CRE). For those who trade in and invest in hotels and hospitality CRE, it has been a dark time – and sadly analysts aren’t promising a rapid bounce back. Rather, we [...]
The cliché of “Location, location, location” applies in commercial real estate (CRE) as much as residential, but what factors you bundle into that assessment are, naturally, vastly different and should be explicitly tied to corporate strategy. That’s the realm of corporate real estate management (CREM). Corporate decisionmakers A savvy corporate client on the hunt for [...]
Commercial real estate (CRE) comes alive with compelling photography, and this has never been truer than in this age where most prospective tenants and clients begin and end their search for property online. Of course, there are some things a great photo can’t do: it can’t negotiate rates, or check leases, and it certainly doesn’t [...]
Green and sustainable retail has been a talking point for at least two decades, but it has previously been characterized as “unachievable” and even “unaffordable” with some of the big brand retailers detailing how they experienced push back from consumers as greener principles led to increased prices, especially in the early 2000s. This is, however, [...]
Since the pandemic, planning for the future has become incredibly difficult. Whether it’s the one-month outlook or one-year forecast, uncertainty looms over every prediction. 2020’s widespread barriers to foresight have been causing troubles across the board. However, the impacts have been particularly intense for commercial real estate leasing. As a result, today’s leases are more [...]
Shopping malls have been at the forefront of commercial real estate conversations for years now. After a seemingly endless discussion, the future outlook of the American shopping mall remains hazy. We still don’t know exactly what will save malls and bring these public shopping centers back into the spotlight for consumers. A New World for [...]
After a tumultuous year, commercial real estate’s industrial sector is possibly more important than ever before. Within this arena, Amazon has succeeded in being one of the main players keeping the network of supply and demand moving throughout the pandemic - and after earning their stripes by persevering in a time of immense disruption, this [...]
BY STEVE LEWIS SPONSORED BY SIOR FOUNDATION For quite a while now, CRE observers have been touting the significant growth potential for secondary and tertiary markets. Those commentaries are now being supported even more strongly by the realities on the ground, as evidenced by the experience of SIORs in those markets. In this review of [...]
Long live the American mall. These dreamy retail hubs were once bustling scenes of activity, fun, and commerce. If you needed to shop, you went to the nearest mall. There was no question, no contest, and no real competitors. The mall was the golden child of the US retail footprint. But that was years ago. [...]
