Commercial Real Estate

Warehouse demand grows rapidly as online commerce explodes

By Mike Wheatley | July 5, 2021
The ongoing COVID-19 pandemic has led to massive demand for warehouse space as e-commerce firms ramp up their operations in a bid to deliver their products to consumers faster. That’s according to the latest Industrial Tenant Demand Study from commercial real estate services firm Jones Lang LaSalle IP, Inc., which forecast that demand for logistics […]
Commercial Real Estate, Vacation Properties

Short-term vacation home bookings are rising fast

By Mike Wheatley | May 21, 2021
Vaccination rates are rising and with it, many states are seeing a rise in short-term vacation home bookings as people look to embark on long-awaited getaways this summer. “This is probably contradictory to what a lot of people may think, but it’s really one of the most exciting times in the industry right now,” Carrington […]
Commercial Real Estate, Office

Big investors are buying up more commercial real estate

By Mike Wheatley | May 21, 2021
With the Centers for Disease Control and Prevention recently announcing that Americans who have been vaccinated no longer need to wear masks or observe social distancing in most cases, hopes are high that workers will soon return to the office. And that’s exactly what investors are betting on, causing prices to rise in the commercial […]
Commercial Real Estate, Featured News

Startups are betting on the rise of the suburban office

By Mike Wheatley | May 7, 2021
With many companies saying that they’re happy for remote work to continue, at least part-time, when the COVID-19 pandemic subsides, investors are betting on a surge of interest in newer, smaller work spaces located closer to the suburbs. Some investors are already trying to get ahead of the expected trend, eyeing empty residences and retail […]
Commercial Real Estate

Mall owners optimistic of recovery as foot traffic rises

By Mike Wheatley | May 3, 2021
Shopping malls have seen foot traffic jump substantially in recent weeks, and now some are hopeful for a rebound in a sector that has been one of the hardest hit by the COVID-19 pandemic. A March survey by Placer.AI of 52 U.S. malls that based on mobile phone location data, found that foot traffic jumped […]
Commercial Real Estate

Advocates call for vacant commercial space to be converted into affordable housing

By Mike Wheatley | April 18, 2021
With those of commercial buildings sitting empty due to the coronavirus pandemic, some are looking to repurpose those spaces for affordable housing. The onset of COVID-19 and the need for social distancing has resulted in hundreds of hotels sitting empty, while offices remain vacant as people work from home instead. The sudden availability of all […]
Commercial Real Estate

Shopping malls are on the road to recovery, analyst says

By Mike Wheatley | April 18, 2021
With COVID-19 vaccination campaigns now in full swing, more Americans are getting out and about again, and many are returning to once vacant indoor malls. Foot traffic data from the retail analytics firm Placer.ai shows that visits to 50 major malls in the U.S. rose by 86% in March compared to one year ago. Of […]

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