Commercial Real Estate

Real estate boom drives record earnings for Blackstone

By Mike Wheatley | January 30, 2022
The investment management firm Blackstone delivered record-breaking returns in the fourth quarter thanks to incredible growth in the commercial and residential real estate industries. The company reported “the most remarkable results in our history on virtually every metric,” said Blackstone co-founder and Chief Executive Stephen Schwarzman as the company announced its fourth quarter earnings results. […]
Commercial Real Estate

Commercial property sales hit new record in 2022

By Mike Wheatley | January 27, 2022
Commercial realty sales in the U.S. jumped in 2021 with investors moving to snap up warehouses, apartment buildings, hotels and resorts, according to a report from Real Capital Analytics. The report said commercial property sales hit a record-breaking $809 billion last year, almost double that of 2020’s total sales. "Everything's lining up for another strong […]
Commercial Lease, Commercial Real Estate

Commercial real estate sector recovery driven by incentives

By Mike Wheatley | January 20, 2022
Office rents have more or less recovered from the huge slump that occurred at the start of the COVID-19 pandemic. These days, companies are willing to pay high-dollar rents and sign long leases, but it’s not because everyone has rushed back to work all of a sudden. With the Omicron variant of COVID-19 still a […]
Commercial Real Estate

Developers are creating living spaces from under-used office buildings

By Mike Wheatley | January 6, 2022
Outdated office buildings and those that were under construction only to be halted during the pandemic are being given a new lease of life, with developers rushing to transform them into apartments. With the surge in demand for homes across the U.S., underused office buildings are tempting targets for developers who can transform them into […]
Commercial Real Estate, Office

Remote workers are missing face-to-face interactions, study claims

By Mike Wheatley | December 2, 2021
Remote work appears to be taking a tool on many individuals, with the loss of face-to-face interactions resulting in reduced emotional engagement. That’s according to a Jones Lang LaSalle study of 3,300 former office workers from around the world. It found that 66% of respondents cited “human interactions” as the element they miss the most […]
Commercial Real Estate

New brick-and-mortar store openings outpace closures in 2021

By Mike Wheatley | November 30, 2021
Brick-and-mortar retail stores are back in business, with new openings outnumbering closures for the first time in four years according to an analysis by IHL Group. The analysis of more than 900 retail chains found that most of the growth in new store openings is driven by mass merchants, grocery stores, drugs and pharmacy and […]
Add value to commercial property
Commercial Real Estate

5 Sure-Fire Ways To Add Value To Your Commercial Property

By Danny Margagliano | November 22, 2021
Whether it be an office block, a shopping center, or a leisure facility, investing in a commercial property can be exceptionally lucrative. Particularly if you find effective ways to add value, the potential return on your investment can be enormous. Be careful, though. Not all renovations can be considered upgrades, especially given that some can […]
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