Retail landlords look to parking lots to increase revenue



Parking lots in large retail parks typically don’t reap much by way of profits, and with the COVID-19 pandemic meaning that many now sit almost empty, retail landlords are looking for new ways to use those spaces. A number of shopping malls and parking garages have in recent months opened their spaces to events such […]

Breather launches on-demand office space service



The commercial real estate office sector is struggling due to the trend towards remote work, and there are fears it could even collapse if people continue to work from home once the COVID-19 pandemic ends. Several major companies, including Twitter, have already said they’ll allow their employees to work from home permanently, and many other […]

Working from home is making us less productive



Remote work is making people less productive than before, according to a recent survey of business leaders. The survey, published last week by architect and design firm Vocon, found that almost 40% of business leaders nationwide said they’ve seen a decrease in productivity from their remote workforces. At the start of the COVID-19 pandemic, 56% […]

How can companies make their offices more attractive post COVID-19?



The coronavirus outbreak has created an army of remote workers, and it’s left those in the commercial real estate industry facing a real challenge – how do they get people to come back to the office? According to Coen van Oostrom, chief executive of a real estate firm called Edge, companies will need to adapt […]

WeWork encourages more use of its outdoor office space



Real estate office startup WeWork is promoting outdoor work spaces, believing that the idea may well appeal to companies who’re conscious of the risk of asking their employees to return to work in confined spaces. The company, which rents out co-working space, says that more than 150 of its 843 total office locations now feature […]

Investors turn to farmland as “safe haven”



Farmland in America has reached a record high value, at a time when growing planting and maintenance costs are leading to diminished financial returns in the agricultural sector Recent data from the U.S. Department of Agriculture shows that cropland in America is currently worth $4,100 per acre on average, matching record highs set in 2015 […]

Amazon bets on a post-pandemic return to the office



Amazon is defying trend by increasing its physical office footprint at a time when other companies are increasingly going digital. The online retailer says it will be expanding its physical presence in six U.S. cities. It plans to add 900,000 square feet of office space and create 3,500 corporate jobs New York, Phoenix, San Diego, […]

Commercial real estate firms reveal challenges of remote work



With more people working from home due to the coronavirus pandemic, many companies say the transition has proven to be successful. But some commercial real estate professionals say that some aspects of their work have become more challenging, including training new employees and networking. Technology such as video calling and collaboration software has helped many […]

Are newly empty offices the solution to a lack of housing?



Business districts in America’s biggest cities may be poised for a stark transformation as the shift to remote working threatens to become permanent. The result may be that high-rise office buildings have much lower occupancy rates in future, and that has got some in the commercial real estate sector thinking about how these spaces might […]

Commercial real estate firm adds an infectious diseases specialist to its staff



Florida-based commercial real estate firm Crocker Partners has responded to the COVID-19 pandemic by creating a new position within its organization for a director of environmental health, to help it develop a program that’s designed to keep its employees healthy. Dr. Walter Okoroanyanwu, who is a medical professional with experience in infectious diseases, told the […]