Author: Katie Fernando

The coronavirus pandemic has undoubtedly shaken up every market in the country. While all eyes are on Class A cities to see how the very best in the game are faring during these times, other locations aren’t getting much consideration. In the middle of all of this market-madness, how are opportunity zones doing right now? Opportunity Zones 101 Opportunity zones are officially defined as “economically-distressed communities where new investments, under certain conditions, may be eligible for preferential tax treatment.” This system was introduced with the 2018 Tax Cuts and Jobs…

Commercial real estate’s industrial sphere has been a winner in the business for years now. Often called the ‘golden child’ of commercial real estate, industrial spaces seem to thrive even when everything else is facing challenges. It’s becoming increasingly clear that warehousing is the way of the future. Riding on the back of e-commerce alone, the industrial space is set up for success. But, in preparation for the anticipated growth, warehouses are undergoing a contemporary makeover. Here are the latest architectural design trends that are impacting the warehousing scene: Increasing…

Despite all odds, commercial real estate’s student housing sector is faring quite well in these difficult times. As a result of the pandemic, schools and colleges all over the country canceled in-person classes and transitioned into an e-learning model until further notice. Campus amenities are closed, classes took place over Zoom calls, and dormitories closed to mitigate the potential transmission of the coronavirus. For all of these new protocols, there’s no end in sight as the entire country is suspended in a state of uncertainty regarding how to move forward.…

In 2020, food delivery services are thriving. The demand for outsourced meal delivery solutions surged as the coronavirus pandemic shut down indoor dining while stay-at-home orders urged people to opt for to-your-door delivery services. UberEats, Postmates, GrubHub, DoorDash, and other services stood as staples during the pandemic. But, as users are depending on their favorite services more than ever before, the market is getting smaller as companies collide. Uber recently announced a $2.65 billion deal to purchase Postmates. This acquisition marks the largest merger for the food delivery industry at…

Long live the American mall. These dreamy retail hubs were once bustling scenes of activity, fun, and commerce. If you needed to shop, you went to the nearest mall. There was no question, no contest, and no real competitors. The mall was the golden child of the US retail footprint. But that was years ago. Today’s mall scene has turned bleak as brick and mortar retail has fallen to the wayside in light of e-commerce. The vacancy rate of malls reached the highest point in 2 decades this year. And,…

The self-storage sector has immense promise for commercial real estate. These spaces are resilient, in high demand, and fit seamlessly into the needs of contemporary society. As people become more transient and hold off on purchasing a home, storage space becomes a necessity – and the proof is in the numbers. In 2019, the vacancy rate for self-storage was only 9.9% and was projected to only climb to 10.0% in 2020.  Evidently, self-storage units are attending to today’s pain points while pushing forward in the commercial scene. The expansion and…