Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
Those collective insights are shared in this second of a three-part series that highlights which asset classes performed well, which ones struggled, and what adjustments commercial real estate investors, owners, and managers are making to navigate the challenges.
I find myself negotiating in so many aspects of my real estate career. It is not just the price of a property for my client nor the time frame it will take to close—the negotiations include listing agreements, lease terms, contingencies, inspections, tax prorations, and cost-sharing, to name a few.
Now that 2020 is in our rearview mirror, it is a good opportunity take a moment to reflect on what was unquestionably an unprecedented year when COVID-19 impacted nearly every industry across the country, including commercial real estate.
The appeal of joining a larger organization is typically rooted in several factors, ranging from building a business pipeline within a network and collaborating with commercial real estate experts nationwide to tapping into new resources and tools.
Amazon usually leads the way in many of these popular trends as a company, but not this time. It’s quite the opposite. The Amazon Blog recently announced its plans to create 3,500 new tech and corporate jobs, including leasing corporate space.
Smart office owners are making the following upgrades to help make their buildings more attractive to tenants: Upgrades to HVAC Systems, Temperature Check Stations, and Lobby Storage Lockers.
Craig and Michelle Carter are partners in life and work. They have owned businesses together for 25 years, and before entering the commercial real estate arena, Craig held a local public office, and Michelle worked diligently on his campaign.
For those just starting out in their careers in expensive cities, co-living can be a great way to maintain a higher standard of living than they might experience if they were living on their own.
Amazon, Inc. has recently been in talks with the largest mall owner in the United States to take over space left by ailing or vacant department stores. Simon Property Group has been working with Amazon to explore the opportunity of turning some of their vacant anchor department stores into distribution hubs.
As this trend grows in popularity nationwide, prospective tenants can schedule a self-guided tour online, go through an identity verification process, and then receive an access code for their private self-guided tour.