Manhattan is still renowned for its high office rents, but San Francisco has quickly taken the lead. According to Main Street, the city by the bay has actually topped Manhattan in terms of the priciest city in the country in the residential sector.
For commercial real estate investors the question about the future of shopping malls continues to be unanswered. As online sales grow, it’s estimated that 400 of the once 1,100 enclosed malls across the country have either closed or been transformed for another use. Some investors believe malls will find ways to remain relevant in the […]
The Memphis Area Transit Authority (MATA) operated downtown vintage trolleys have been suspended from service since April of this year due to a couple of fires on the trolleys (one in November of 2013 and the other in April of 2014). The MATA brought in experts to determine the causes of the fires and what […]
Memphis continues to thrive both as a residential and commercial center of the southeast. Evidence of this is the new $17.9 million multi-use complex planned for the South Main neighborhood. The development group formed as 266 Developer LLC plans a 145 unit complex to be located at 266 S. Front St., on the southeast corner […]
When you think about commercial real estate investments, you probably think of apartment buildings, office space, retail, industrial, and hotels. In recent years, Institutional investors and developers have been narrowing their investment horizon into niches of these traditional and not so traditional sectors. They’ve been specializing in niches like student housing, seniors housing, medical office […]
When you consider the future of commercial real estate, what is your number one consideration? It should be the direction that society is going in. From manufacturing to warehousing to retail to apartment buildings, commercial real estate is all about servicing society. Manufacturers that don’t keep up with technology won’t be able to produce customized […]
Memphis is a magnet for people as well as commercial businesses of all types. Small businesses and Fortune 500 companies alike. The result is a hot real estate market that major U.S. investors and international investors have been active in for years. But there is still room for smaller investors looking looking to get into […]
As the commercial real estate sector moves forward in its economic recovery, you can be sure hedge funds, insurance companies, retirement funds, and other institutional bullies will be buying commercial properties in bulk. This will be mostly in downtown core sections of bigger cities. However, they are expanding outside the top 12 markets to the […]