By Cribb Altman Last week, I took a step back from the commercial real estate world to attend a healthcare conference, hoping to gain a fresh perspective on an industry other than my own. One of the largest topics discussed was how the face of healthcare is being radically changed by the innovation of technology and, … Continued

By Jeff Lessard A transformative change has taken place in recent years – with the concept of coworking evolving from an alternative to a traditional office lease for start-ups and freelancers to becoming an integral component of bona fide corporate real estate portfolios. Here are eight key concepts for 2018 and beyond. Flexibility is King. Flexibility tops … Continued

By H. Cribb Altman Several transformative office trends have emerged in commercial real estate in recent years. Among the most notable is the proliferation of coworking space. Coworking has ballooned onto the scene, with a number of new operators coming into the market. Forbes reports that, as of the end of 2017, an estimated 1.2 million people had worked out of coworking locations. … Continued

Space matters. It’s one of the core tenets of the commercial real estate industry. As companies face continued competition, corporate real estate is one their best tools to attract and retain top talent. But what goes into the space companies want has also shifted over the years. Some of the most significant changes to the … Continued

By David Smith The current economic expansion, now the second longest in post-war history, continues to roll onward at a steady pace. This sustained growth is creating fierce competition for high-quality labor in most industries. Savvy commercial real estate executives are working alongside senior leadership in human resources and members of the C-suite to develop real estate … Continued

By Dennis Kaiser Rapid growth in e-commerce has given rise to a new type of tenant that needs to support ever-tighter delivery commitments. Healthy demand and tight supply has made multitenant distribution (MTD) among the best performing commercial real estate segments, according to research by Cushman & Wakefield’s Jason Tolliver and Clay Westbrook. They found that … Continued

The commercial real estate market changes almost on a daily basis and many reasons exist to why. According to David Leb, sales associate at Cushman & Wakefield | CRESCO Real Estate in Independence, and Scott Simon, president of North Pointe Realty in Mayfield Heights, the market can change for a number of reasons. “There is … Continued

By Eliot Kijewski Some area landlords are finding new and better uses for industrial buildings that don’t fit the specifications today’s manufacturers desire. To turn those properties productive again, they’re re imagining them as mixed-use, residential and retail spaces that have the potential to anchor burgeoning neighborhoods. Landlords who have a shell of a former industrial-use … Continued

By Kevin Imboden Each day the world creates 2.5 quintillion bytes of data, with 90% of all existing data created over the past two years alone. With more of our business and personal lives being stored and logged online, the need for cybersecurity has never been more urgent. Damages related to cybercrime are estimated to surpass … Continued

By Jason Tolliver Smaller Warehouse, Bigger Performance The multitenant distribution (MTD) warehouse segment is generally described as warehouse/distribution buildings with small-to-medium footprints (typically 200,000 square feet or smaller), often with column spacing of 40 feet by 40 feet and clear height under 24 feet. Traditionally, tenants of these facilities tended to be local and regional distributors. … Continued

By Garrick Brown and Pam Flora Strong economic fundamentals carried into 2018 with the U.S. unemployment rate remaining unchanged at a low 4.1%, and competition for both skilled and unskilled workers putting upward pressure on wages. Consumer confidence remains at a historically high level indicating future growth. These consumer metrics are all positive signs for a strong retail … Continued

By Michael Schaeffer The U.S. economy is poised for even more growth – at least according to the latest economic data on consumer spending, global trade manufacturing, intermodal rail volumes and other metrics. According to our firm’s U.S. Macro Forecast real GDP has averaged about 2% growth per year throughout the last economic expansion, and business … Continued