Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
The retail sector has seen some dramatic shifts in the past years as technology and the presence of online shopping continues to evolve and grow. Technology and online shopping has even driven some strictly brick and mortar retailers like Borders to go out of business.
Annually, Forbes releases its top cities for job growth and it is a comprehensive list of which locations in the United States are seeing the more growth. Not surprisingly in 2016 California continues to dominate the list as the Silicon Valley area continues to grow as technology companies continue to develop and grow even larger.
Flex space is typically for companies who are looking to have a warehouse and industrial space with manufacturing under one roof. The idea of flex space is to have multiple business needs and processes under one roof which can allow for a more efficient business flow but it may not be the right setup for every business.
Transit-oriented development or TOD is the development of transit hubs like train stations and airports into not only a place to go to travel but also a place to shop with retail locations coming into these transit hubs.
Coldwell Banker Commercial's Advisory Board comprises a select group of CBC affiliate owners nationwide and was created to provide a forum for the exchange of ideas between Coldwell Banker Commercial franchisees and the brand’s corporate leadership.
Coldwell Banker Commercial SC has hired Rhyne Brown to serve as Executive Managing Director for the company’s San Diego region. In his new role, Mr. Brown will be executing an aggressive recruiting plan and overseeing the delivery of integrated real estate solutions to a growing list of clients.
It is no secret that the tech sector is making huge impacts in everyone’s daily lives and even disrupting and changing the way certain industries do business. The commercial real estate industry and real estate in general is no exception to this trend.
Open offices were a big deal and are much-hyped thanks to tech companies such as Google and other startups looking for something different —a more collaborative environment. However, it seems the verdict is in and open concept offices are not being so well received these days.
Recently, Amazon unveiled their newest concept called Amazon Go. While Amazon has taken over and changed the face of many industries, most notably books, they have been looking to get into grocery.
No matter what your interest or role in the real estate market, keeping abreast of the trends is always a best practice. Below, we’ll take a look at some of the top trends ULI and PriceWaterhouseCoopers believe will impact us in the coming year.