Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
We recently covered some tips for utilizing social media as a CRE agent and one of those tips was to have a focused message. While it may be easy to come up with your message, it may be difficult to figure out how to consistently convey it without posting the same thing.
In a recently released report from the National Association of Realtors (NAR), one fifth of agents that participated in the survey dealt with a commercial transaction where one side was internationally based. Of these transactions, the most international representation came out of China.
There is a construction labor shortage across the country, which has been increasing over the past several years. While certain markets are feeling the effects more greatly than others, they can still be felt throughout the country. Most notably, it has had major impacts on the markets in the mid-Atlantic region.
There is truth to the belief that there’s a Starbucks on almost every corner. A recent study shows that there are almost four stores per one square mile. With the ubiquity of Starbucks, it is hard to imagine that the company might have reached a saturation point, but it seems that it has come to that point.
Three Coldwell Banker Commercial sales associates from two different offices have joined forces to complete a seven-figure office transaction in Los Angeles. 2330 Westwood, LLC, has purchased a multi-tenant office building at 2330 Westwood Blvd. from Stern Westwood & Santa Fe Springs LP for $2,300,000.
With the internet becoming a part of almost everyone’s daily lives, it has quickly become a great resource for helping develop and facilitate the sharing economy. Three ways we currently see this economy are in transportation, vacation rentals, and office sharing.
Recently, the National Association of Realtors (NAR) released its report on the commercial real estate trends for the international side of the business. It is no secret to those involved in the commercial real estate sector that global investment in the United States has been growing over the last few years.
Drone technology was once exclusively used by the military but has entered the consumer market and grown quickly in popularity. Utilizing drone technology for film and photography purposes has added a new tool to many industries, including real estate, and has also created something new for hobbyists.
The commercial real estate sector has been seeing a lot of changes over the past several years, and the industry has had to figure out how to work through these changes. From grocery delivery services to consumers looking for more options, the grocery sector has some of the most significant changes.
Has the in-store experience given way to the online shopping craze? Not quite yet, according to the experts at Coldwell Banker Commercial Affiliates. The Omnichannel Retail and Commercial Real Estate Survey of November 2016 finds that brick and mortar have yet to roll over and play dead.