Category: NAI Martens

The question as to what to do with the skeletons of the once-great American shopping scene has been on the table for years now. And, as much discussion circulates throughout the industry, little progress has been made in finding new functions for the many dead and dying retail spaces all around the country. Over the years, commercial real estate has speculated solutions for these spaces, but none of the proposed answers has stuck. Malls to mixed-use, offices, apartments, and even schools have been potential candidates for the notoriously pending retail…

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Every business experiences ups and downs. The regular rhythms of an industry are simply a part of the game. Whether we like it or not, it seems like everyone becomes accustomed to the change in traffic associated with the year’s slow seasons. Not only is it a dependable gauge to work with, but it also represents a logical downturn of business. While it’s certain that no CRE professional is happy about the seasonal drop in demand, it’s not a sink-or-swim situation. But, what happens when this schedule is thrown out…

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2020’s pandemic-shaped outlook posed challenges to all areas of business. From office to industrial, no one escaped this year’s disruptors unscathed. One of the worst-hit commercial sectors has undoubtedly been the foodservice industry. The restaurant scene was utterly surrounded by opposition to business success. Market closures, changing consumer sentiments, and fears of highly contagious diseases ravaged the restaurant industry all across the country. However, restaurants are resilient. Despite the mounting challenges, this business was able to stay above water and keep pushing ahead. It’s true that not everyone made it…

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As new technologies become commonplace, the existing infrastructure is forced to adapt. Efforts to blend well with newly infused technologies oftentimes require the commercial real estate industry to make some updated considerations. This is the scenario that CRE now finds itself in with drones. Drones aren’t necessarily a new invention, but it’s continually hitting new application milestones as this flying technology makes headway into the modern industry. Let’s take a closer look at what’s happening with drones, and what CRE should start thinking about: Drones in CRE Commercial real estate…

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Commercial real estate trends are always adapting. The best-selling features of today aren’t always the same ones we’ll see tomorrow. In this business, keeping up with the latest requires due diligence into the market’s hottest items. The ebbs and flows of tenant demands make it imperative for CRE pros to stay abreast of what’s selling and what’s not. Right now, a new trend is emerging on the radar of real estate development. No, it’s not a new technology or lifestyle toy – it’s space. Space has always been a popular…

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After years of being considered a slow-growing industry, commercial real estate is finally flexing its tech capacity. 2020: A New World for CRE The web is coining 2020 as commercial real estate’s “tech awakening” – and a much-needed one, at that. This industry has been notoriously deemed resistant to change, and anyone on the inside of this business knows how true these claims can be. CRE clung to the outdated model of ‘if it’s not broken, don’t fix it’. While some took leaps and bounds towards investing in PropTech and…

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After a tumultuous year, commercial real estate’s industrial sector is possibly more important than ever before. Within this arena, Amazon has succeeded in being one of the main players keeping the network of supply and demand moving throughout the pandemic – and after earning their stripes by persevering in a time of immense disruption, this e-commerce giant is expanding. Amazon’s 2020 Growth Spurt Amazon is building new locations all over the country. These new warehouses are targeting the national supply chain’s last-mile locations, effectively bolstering a pivotal area in the…

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2020’s lease restructuring period isn’t anything like the industry’s used to. This year is filled with previously unforeseen obstacles, including pandemic disruptions, an economic downturn, and flood waves of new policies that implicate the commercial space. If you’re struggling with these circumstances, don’t let the opportunity to restructure your lease idly pass you by. This gives tenants the chance to establish new leasing agreements that can potentially help them down the line. Reducing expenses, rewriting protocols, and other edits can be negotiated with your landlord. But, the window won’t last…

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With every facet of business going remote, commercial real estate’s physical footprint is being reconsidered from the ground up. This comes as no surprise in a time where everything is transitioning onto the web. In the recent past, it was the norm for all businesses to offer in-person services. Web integration was widespread, and in some cases (such as retail), the e-industry pressured physical spaces. However, other arenas, such as eateries, fitness, and medical spaces weren’t up against such fierce tension. But, now the very foundation of businesses has been…

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At a time when many of CRE’s sectors are taking hits from all sides, 2020 is going to be a strong year for investment in multifamily. We’re already approaching Fall, and despite all the external turbulence, multifamily investment has been standing its ground – and doing considerably well. We’ve seen a pandemic, a nationwide market closure, and a global disruption to business – and even so, the multifamily outlook has remained strong. Multifamily investing provides a strong and stable outlook this year and beyond. Here’s why 2020 is a offers…

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