Author: Katie Fernando

As the commercial real estate industry strives for a greener future, solar power is making a big impact on the industry’s physical spaces. Environmental concerns have been focused around the commercial arena for years – and it’s no wonder why. On average, commercial properties waste up to 30% of the resources they consume. When you factor in that commercial buildings use up 40% of the nation’s energy consumption, it’s obvious that sustainability initiatives need to collaborate with the commercial real estate business. And that’s exactly what has played out. The…

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Right before the pandemic dominated nearly all CRE headlines, transit-oriented developments were a trending topic within the industry. Transit-oriented development projects are renowned for their positive impacts on strengthening cities and communities. These innovative plans combine secure networks of travel, affordable living, and accessible workspaces into one cohesive cityscape. The buzz surrounding transit-oriented development projects reflected the interest in these contemporary commercial projects, but how are they doing now? We all know that the pandemic ushered in a new atmosphere for commercial real estate as it once stood, and many…

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For months now, retail headlines have been filled with scary stories about how the pandemic is threatening the shopping industry as we know it. Yes, it’s true that the pandemic is putting retail through the wringer, but it’s also initiating some long-pending changes. While this period is hard for everyone, that doesn’t mean that everything coming into play as a result of this historic era will be negative. The fact is, more change has emerged during 2020’s first two quarters than we’ve seen in a very long time. Of course,…

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Right now, net-zero construction is in the spotlight of the press. To meet the updated eco-conscious business plans introduced at the beginning of 2020, many companies have committed to a net-zero model. June 5th was World Environment Day, and in dedication to the cause, the World Green Building Council launched their latest campaign. The #ActOnClimate movement included a net-zero goal, and the WGBCouncil announced that more than 100 companies signed The Net Zero Carbon Buildings Commitment pact to make all of their buildings net-zero in the next decade. Obviously, this…

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Everyone wants to know how the pandemic will be impacting the office space. While we’re still far from a clear picture of what’s to come, let’s explore a few possibilities that may be on the horizon for CRE’s office sector: Redefining Flexible What flexible meant before the market shutdowns isn’t what it means today. Before, the term was thrown around to describe design elements that could facilitate multiple functions and be switched around in a breeze. But today, the industry is taking a more serious tone towards office flexibility that’s…

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