Blog

Consumers, computers and co-mingling … a glimpse into the future of retail

By Justin Taylor Consumers, computers and co-mingling… a glimpse into the future of retail Disruption and retail are now somewhat synonymous. Over the last 10 years we have seen a seismic shift in consumer habits, models of retail and use of technology. Pretending that the retail sector isn’t going to change doesn’t help anyone. However, those … Continued

Raising the Roof – There’s Nowhere to Go But Up

By Jason Tolliver Over the past 20 years, the average rentable building area (RBA) for newly delivered warehouses has increased drastically. Thanks to eCommerce and the desire to optimize “cubage” to get the most bang for your buck, buildings have been expanding both out and up. In fact, our research shows that the average ceiling height … Continued

Retail Trends Top 10

By Justin Taylor During 2017 many questions were raised over the future of retail, with many claiming that retail as we know it was ‘dying.’ However, there is cause for optimism. If 2017 was the year of retail’s decline, 2018 is the start of the ‘retail evolution’. But what’s next beyond all this? Looking ahead, we … Continued

The Growing World of Flexible Office Space

By David Smith Commercial real estate is not the fastest moving of industries. That said, the coworking trend has grown rapidly and is changing how both investors and occupiers think about their real estate portfolios. Across the United States, 50% of the current stock of coworking square footage has come online since mid-2015. Most of this … Continued

Reviving Dead Malls: Not as Easy as it Seems

By Ben Conwell As you drive past an empty lot, you may come across the sign “Mall Closing.”  Undeniably over the last several years, there has been a dramatic shift in the U.S. retail industry, and it’s due in some degree to the growth of eCommerce. In 2006, there were 1,350 malls in the United States; … Continued

Multi-Story Warehouses Are the Future

By John Morris Over the last several years, the industrial real estate market has registered the strongest run on record. Thanks to economic growth, both domestic and global, and the advancement of eCommerce, Cushman & Wakefield is predicting continued growth for the sector through 2019. The challenge? Space is at a premium. It’s more difficult than ever … Continued

Serving the Unique Real Estate Needs of Not-for-Profits

By David Lebenstein Not-For-Profits’ Unique Real Estate Needs In our practice, when we speak of not-for-profit organizations we break them down into eight groups: education and schools; arts and culture; housing and social services; religious institutions; community; healthcare; government; foundations; and labor and trade unions. Each of these groups have unique needs, missions, financial structures, decision-making … Continued

How to Navigate Today’s Commercial, Industrial Real Estate Markets

Commercial and industrial real estate activity has remained very strong with no real end in sight. It has been a landlord/seller market for a while, but now it’s time for tenants/buyers to do their homework and bid aggressively before an attractive opportunity is lost. “We are continuing to see more and more multiple offers,” says … Continued

Behavioral Health Treatment Centers: The Next Big Real Estate Trend?

By Tim Callahan Mental health issues have long been marginalized and treatment options for related illnesses have traditionally been sorely lacking. Today, however, the outlook is much brighter for those seeking behavioral health care. Recently the Centers for Medicare and Medicaid Services (CMS) changed its payment model to improve access to and quality of mental … Continued

Life on the Edge: the New Normal for Data Centers

By Kevin Imboden “The Edge” is a commonly heard buzzword at the core of the data center conversation, whether it be edge computing, edge data centers or device and cloud edges. But what is this edge and why are so many in the industry feeling so….edgy?” Simply put, edge computing means moving applications and user services … Continued

The Amazon Effect and E-Commerce

Over the last few years Amazon has not only changed how consumers shop but has drastically changed all aspects of the real estate market. This Amazon effect and e-commerce is driving a real estate revolution and the effects have been seen here in the Northeast, Ohio real estate market. Just recently Amazon has made two … Continued

How to Negotiate a Sale-Leaseback so that Both Parties Benefit

There has been a steady flow of sale-leasebacks in Cleveland as local, regional and national investors find themselves flush with cash, but with limited properties to buy. “There’s a lot of activity from outsiders looking in,” says Joseph V. Barna, SIOR, a principal at Cushman & Wakefield/CRESCO Real Estate. The reason, he says, is because it’s … Continued