Food Halls of North America: The Sharing Economy for Restaurants
By Garrick Brown The restaurant business has always been subject to fads. One year, fish tacos are all the rage and the next year, it’s all about better burgers. Whether it’s avocado toast or Korean street barbeque, every new concept is vying for a permanent seat at the American table. One of the hottest trends right … Continued
How Can a Retailer Compete with Amazon?
By Ben Conwell We often hear from new retailer clients that Amazon is hurting their business, and “How can we compete successfully now that Amazon is seemingly everywhere?” The answer to this isn’t cut and dry because it depends on the retailer, the product offering and the target consumer. Competing with Amazon is no small task. Amazon has … Continued
Is an Office Construction Tsunami Coming?
By Ken McCarthy The U.S. seems to overbuild just when the economy turns down, leading to a glut of space that takes time to work off. We saw it in 2008, in 2001 and, most dramatically, in 1991, when the overbuilding was so substantial it took almost five years to work through. It happens every time, … Continued
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