Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
According to a report from Reis, U.S. retail vacancies were at 10.2% at the end of 2018, a marginal increase from 10.0% a year earlier. Current market trends have challenged retail owners and investors with vacancies in retail spaces on Magnificent Mile, Fifth Avenue, and Main Street.
In today’s business climate, accurate and relevant information is crucial for commercial real estate investing success. You could be in real trouble if you don’t know the local market. Despite this fact, commercial real estate is a sector favorite among investors, with its relatively strong returns with only minimal to moderate risk.
Regarding the new boomtowns… are secondary cities the new black? Before you write the idea off, hear us out. As more traditional, “mainstream” cities in the United States become saturated, commercial real estate investors are shifting their eyes and focusing more on cities outside this top tier.
Coldwell Banker Commercial Affiliates today announced Grayson Powell as the recipient of its 2018 Halter/Case Leadership Award. Grayson Powell Sr., managing partner of Coldwell Banker Commercial Sun Coast Partners in Wilmington, North Carolina.
The Coldwell Banker Commercial brand is pleased to welcome Dan Spiegel as its managing director. In his role, Dan will be responsible for implementing strategy for the business, running daily operations and growing the Coldwell Banker Commercial network.
Given the state of today’s climate, we, as commercial real estate professionals, are at the forefront of climate change risk brought on by greenhouse gas emissions. As such, we owe it to ourselves and our future generations to reduce the impact of our properties — and help out of clients, in the process.
Coldwell Banker Commercial today named Daniel Spiegel as its managing director. Previously, Spiegel served as an executive vice president of US Operations at Colliers International. Spiegel will oversee the strategy implementation and daily operations of the CBC brand.
With cities and other urban areas now home to more than half of the world’s population, it comes as no surprise that physical space is at a premium. This has caused costs to rise and made finding a place to live seriously challenging. To put it simply, one solution is to downsize and go small with tiny apartments or micro-units.
We have been barraged by negative headlines this past year, of which company has filed for bankruptcy, or which mall is now a ghost town. However, it seems that experts in the industry think the retail sector is simply in a transitionary period where evolution is extremely important.
The 2018 year-end Coldwell Banker Commercial® award recipients have been announced! Congratulations to all of the awards winners in the numerous Coldwell Banker Commercial® company, office and affiliated professional categories. The award winners will be recognized at the 2019 Coldwell Banker Commercial Global Conference taking place in Las Vegas on March 18-20.