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 […]
Commercial Real Estate

Businesses invest in golf simulators, wine tasting + free honey to lure workers back

By Mike Wheatley | November 9, 2021
Businesses are investing in more upscale workplaces in an effort to lure workers back to the office. They’re looking to buy more spacious premises with amenities and perks such as custom-built lounges, games rooms with ping-pong tables and foosball, outdoor areas including spaces with fire pits for diners. They’re also looking to renovate existing premises […]
Commercial Real Estate

Commercial real estate sector sees record sales in Q3

By Mike Wheatley | November 3, 2021
The commercial real estate sector was initially left reeling in the early days of the coronavirus pandemic as businesses shut up shop and vacated their offices. But now, it’s rapidly bouncing back, with investors snapping up record amounts of commercial real estate during the third quarter. Surprisingly though, the Wall Street Journal reports that it’s […]
Commercial Real Estate

Google buys New York office building for $2.1B amid campus expansion

By Mike Wheatley | September 23, 2021
Google said it’s going to splash out $2.1 billion on a New York City office building even as it moves towards a permanent, “hybrid work” approach that will see many of its employees work remotely much of the time. Google’s purchase of the St. John’s Terminal building in Hudson Square, Manhattan, is the largest price […]
Commercial Real Estate

Retailers are bouncing back and looking to expand with new store openings

By Mike Wheatley | September 9, 2021
The American retail sector is back in business and many companies are in expansion mode. According to a report from RetailSphere, a provider of retail analytics, there are more retailers who are planning to open new stores this year rather than close existing premises. The news of a rebound in retail follows a tumultuous 2020 […]
Commercial Real Estate

Terraces are becoming an essential fixture for office buildings

By Mike Wheatley | September 6, 2021
Outdoor space has become a must-have in the commercial real estate sector, and now office buildings are increasingly adding terraces as a way to provide that so they can convince people to come back to work. You may get in touch with a commercial construction consulting firm to inquire about the features like terraces you […]
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