Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
As the name implies, a dockless bike share is a bike-sharing program that doesn’t require a stationary docking station. With a dockless system, these bikes can be parked within a defined perimeter at a bike rack or even along the street on the sidewalk.
It seems that everywhere you look today, avoiding hearing or reading stories about Millennials is almost impossible. We have all heard they are making huge strides and taking the lead in business, politics, real estate, philanthropy, and more. But what you might not have heard yet is that Millennials are even shaping your grocery store.
It has been said that it is only a matter of time before blockchain, the proprietary technology that supports cryptocurrencies such as Bitcoin, will begin to infiltrate industries worldwide. Believe it or not, even historically traditional industries are not immune to the disruption – commercial real estate included.
While senior housing has always been a profitable industry, it has really been able to stand on its own two feet recently as a viable and significant class of real estate – with more and more outside investors jumping on board and adding senior housing to their portfolios.
Last year, transit-oriented developments were all the talk. What many developers and investors found was that making these types of developments work with local government entities is not always easy – despite TOD being a win-win-win for cities, residents, and businesses.
When unemployment rates increase as high as during the recession, folks rush to enroll in higher education. To improve their marketability and skills or access money while looking for work, universities saw an uptick in foreign and domestic student enrollment in U.S. universities during the economic collapse in 2010.
A full 90% of new multifamily construction today is rentals, according to one study. For the last several years, demand in multifamily has outpaced new construction, causing some places to see huge spikes in rent prices. Still, demand has not slowed, and prices have grown by up to 8% year-over-year.
Lost in the headlines about Amazon acquiring hundreds of Whole Foods stores last year was the company’s announcement of a big search for a new second headquarters – although everyone in CRE was paying attention.
According to industry insider Tasting Tables, the industrial fad is fading. Instead of steel beams and concrete slabs, a big restaurant trend taking over the market is the move to more cozy interior designs. That’s just one trend that is reversing or changing.
The UNCTAD is behind an initiative to promote sustainable development in every U.N. member state. Its stated goals also include initiatives to significantly increase sustainable industrialization in lesser developed countries (LDCs) by raising their share of GDP and industry share over the next 12 years.