Blog

Driving Diversity in Commercial Real Estate

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

Coworking & Flexible Office Space – Additive or Disruptive to the Office Market?

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

Three Things You’re Not Asking For in Your Lease Renewal Negotiations

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

Will Robots Take Over CRE? Driverless Cars, Blockchain and Other Transformative Technologies

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

Brookstone Goes BK

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

Take the Time to Understand the Language in Your Lease Before You Sign It

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

Insurance Underwriters: The Most Important Design Stakeholder You’ve Never Heard Of

By Randy Thompson When Build-to-Suit is the Only Option In today’s eCommerce-driven economy, keeping up with consumer demand is imperative to success. But as retailers continue to grow, it can be difficult to find existing distribution centers that meet standards for labor, transportation costs, incentives, clear height, dock positions, and so on. Luckily, there’s a great option … Continued

newCommerce Spotlight: New SCOTUS Ruling on Internet Sales Taxation

By Garrick Brown & Ben Conwell On June 21 the United States Supreme Court issued its ruling in the case of South Dakota v. Wayfair.  This case, which Accounting Today referred to as “the tax case of the millennium,” held the promise of clarifying, once and for all, the thorny issue of local internet sales tax collection. The issue at … Continued

Department Stores – Urban Destinations or Retail Dinosaurs?

By Alistair Parker After half a century of decline, are department stores merely the dinosaurs of a past retail era or are they possibly the harbingers of future urban destinations? Despite large scale closures over the past decade in North America and Europe, there have been a surprising number of new store openings. Companies like Karstadt, … Continued

What Attracts Occupiers to Cities?

By David Smith What makes a city attractive to occupiers? Markets across the country grapple with this question in an attempt to be the destination of choice for new companies and organizations looking to expand to a new office location. Just as employees are benefiting from a tight job market, companies currently have leverage in many … Continued

Millennials and Commercial Real Estate

By David Smith “Millennials are killing [insert item]…” Generational descriptions are often broad stereotypes utilized (by those not in the generation in question) to identify everything “wrong” with the newest generation of workers or students. In this way, millennials have been blamed for destroying numerous products and industries (e.g., cereal, bars of soap, marriage, home ownership, … Continued