Mentorship means paying it forward by recognizing and nurturing the potential in another professional. This is particularly meaningful for women who have so much to gain from a mentor’s guidance on how to successfully lead in a male-dominated industry. The WIN Mentorship Program is designed to offer our young women opportunities that encourage them to continue to … Continued

By Jeff Green and Ben Conwell There has undoubtedly been a dramatic shift in the retail industry over the past several years. Consumers can purchase almost anything from the comfort of their own homes and have it on their doorsteps within hours. eCommerce has become the new norm, and the trend is forcing some retailers to downsize, consider … Continued

By Ben Conwell Whether it be transportation, hospitality, or food delivery, on-demand services have become entrenched in our daily lives. Now, the idea is entering the industrial real estate sector via technology platforms that connect organizations in need of warehouses with those that have extra space. Sounds straightforward, right? And the platforms are seeing success, too. … Continued

By Dave Fanning, Director, Data Center Advisory Group and Kevin Imboden, Director of Research, Data Center Advisory Group A variety of new players have entered the data center arena in recent years, each having a unique perspective and investment strategy to share with major cloud clients and smaller colocation customers. These investors are attracted to the growing data … Continued

By Ken McCarthy, Principal Economist The U.S. economy accelerated sharply in the second quarter of 2018 as the effects of the tax cuts enacted at the end of 2017 were felt. U.S. gross domestic product (GDP) grew at a 4.1% annual rate, up from 2.2% in the first quarter and the strongest reading since the third … Continued

Rents keep going up. That’s obviously good if you own real estate. It’s also a good indicator of our local economy too. But, rents would climb even more in Greater Cleveland, but for serious workforce challenges. How do we know? Every quarter we do a market updates for our office and industrial clients call “Market … Continued

By Trixy Walker, Property Manager at Cushman & Wakefield As a female in a male-dominated profession, the road to success has not always been an easy road traveled. There have been a unique set of challenges that I have experienced as a woman in commercial real estate, an industry that has historically been a “boys … Continued

Before you go to bed tonight, another 15,000 square feet of coworking space will have opened in the United States. That is the incredible pace of growth the coworking industry has been experiencing over the past three-and-half years. Nationally, more than 5 million square feet (msf) of coworking space came online in each of the … Continued

By David Eske Renewing a lease in a hot real estate market can be a daunting task. Tenants have seen all the indications that point to a big rental rate increase—new construction, off-market transactions, and fewer “For Lease” signs. Although landlords have been looking forward to this opportunity to adjust rental rates, tenants should also … Continued

By Revathi Greenwood Technology is disrupting all kinds of industries, from ride sharing and taxis to streaming services in entertainment. Apart from some early adoption in the retail and industrial space – largely due to the disruptive nature of eCommerce – commercial real estate (CRE) has not seen a paradigm shift in implementing new technologies. Most change has been … Continued

By Garrick Brown The number of standalone retail projects that will fail is likely a lot less than many fear, but the way out for these properties will increasingly be mixed-use. Struggling Class C malls may find new life as mixed-use multifamily, medical, campus, office or hospitality projects, and urban office, multifamily and hospitality projects alike … Continued

Due diligence is a crucial step for any business that seeks to make a smooth transition into newly leased space, says Simon Caplan, SIOR, a partner at Cushman & Wakefield/CRESCO Real Estate. “When you sign a long-term lease, you are now married and committed to that space and the landlord,” Caplan says. “You need a strong … Continued