Ghost kitchens are taking over the commercial scene as they’re proving to be a strong tenant for CRE’s restaurant arena. By combining the best of communication technology and responding to contemporary consumer demands for remote access to goods, ghost kitchens may be the new favorite restaurant tenant for commercial real estate. If you’re not up to speed with the ghost kitchen trend and how it’s set to impact the commercial industry, here’s everything you need to know: What Are Ghost Kitchens? The newest foodservice module is making quite an entrance…

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As if e-commerce really needed any more of a boost, online shopping is gaining the upper hand in today’s retail scene as COVID-19 impacts brick-and-mortar everything. As official stay-home ordinances and quarantine are limiting people from going out to get what they need, they’re finding it online instead. It’s not only CRE’s retail sector that’s facing the impacts of the massive e-commerce flex during COVID-19. Multifamily managers are finding themselves with a lot on their hands as they are dealing with a massive influx of tenant deliveries. Here are some…

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Considering investing in commercial real estate? Commercial investments can be a great way to generate greater returns and expand your sources of income. The high possibilities for success coupled with a booming global market make commercial properties an appealing investment opportunity. On top of these benefits, the CRE market has long been regarded as one of the safest investment routes – and even more so amidst conversations of changing economic tides. Foreign investors from all around the world are choosing to pick up commercial properties for their dynamic, lasting, and…

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The commercial real estate industry is no stranger to redevelopment. It’s common for commercial assets to move through sector conversions where one type of property is repurposed to fit into a new CRE module. For example, unused big-box retail spaces are often transformed into industrial assets to accommodate an updated industry need. It’s pretty easy to see why. Their sprawling floor plans make for wonderful warehouses. But, there’s something relatively new going on. Vacant retail spaces are being converted into offices in big cities around the country. We haven’t really…

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The boundaries of real estate technologies keep on expanding. Are you up to speed? When looking at real estate technology trends, it seems like progress will never end. Ground-shaking technological advancements are spearheading the commercial industry by transforming how this business gets done, how tenants interact with properties, and how we view the CRE industry as a whole. It’s 2020 and the pace is unprecedented. Commercial real estate pros from all around the globe need to keep their eyes on these highly anticipated tech trends. These are the biggest technology…

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Welcome to the age of e-commerce. The contemporary digitized shopping module is impacting commercial real estate in more areas than just retail and industrial – it’s also having strong impacts on multifamily. Multifamily tenants rely on massive online realtors, such as Amazon, meaning more packages are coming through the door – and they all need to be processed through the building’s centralized mail circuit. A few years ago, this wasn’t much of a stressor for management. However, the times have certainly changed and the sheer number of online orders isn’t…

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Malls have had a tough run for the past few years. Once the wave of mass store closures that caused the ‘retail apocalypse’ scare hit, shopping malls took the brunt of it. In the blink of an eye, mall assets became empty and vacancy rates were on the rise. Many of us have been thinking that the shopping mall model was ‘dead’ and didn’t have much hope to be revived. However, in the latter half of 2019 things began to change. Brands announced their return to the mall scene after…

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Gyms aren’t what they used to be. Driven by the latest trends and consumer demands, the fitness industry is undergoing some big changes. These new developments within the fitness space are also impacting commercial real estate as the physical assets need to adapt alongside the changing tenant needs. Here are 4 trends in today’s world of fitness that are changing the way this business interacts with CRE. The Era of Boutique Fitness In recent years, the entire fitness industry has gotten more luxurious than it’s ever been before. Whether it’s…

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