Commercial Real Estate Industry News

A collection of Commercial Real Estate latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

wbur.org - Adrian Ma - Boston's Commercial Real Estate Market Is Down - And Consequences Could Be Felt Throughout Economy
Boston's Commercial Real Estate Market Is Down - And Consequences Could Be Felt Throughout Economy
WBUR

Data from realtors show the pandemic has increased demand for houses in Massachusetts. But there's a different kind of real estate seeing a dramatic shift — in the opposite direction. WBUR's Adrian Ma joins Morning Edition to report that…

ft.com - Leila Abboud - Troubles of famed Paris bookshop expose French retail shift
Troubles of famed Paris bookshop expose French retail shift
Financial Times

With its bright yellow awning, the Gibert Jeune bookshop on Place Saint Michel in Paris is a familiar landmark to anyone who has ever whiled away a few hours wandering around the Latin Quarter. Generations of students have come to buy textbooks in…

cnbc.com - Jennifer Liu - 3 in 4 workers want to return to an office in the future-here's how they expect the workplace to change
3 in 4 workers want to return to an office in the future-here's how they expect the workplace to change
CNBC

Published Tue, Dec 1 2020 12:25 PM EST Despite all the ways the coronavirus pandemic has normalized working from home, 3 in 4 workers hope to return to an office at some point in the future, according to a recent survey of 2,033 office workers…

businessinsider.com - COVID-19 vaccine won't save US economy from recession, Congress needs to pass stimulus
COVID-19 vaccine won't save US economy from recession, Congress needs to pass stimulus
Business Insider

The welcome assurance of a vaccine won't immunize the US economy against a recession. As time passes, the ability of the economy to clear out some accumulating burdens becomes ever more problematic. The economy will be left within a post-pandemic…

afr.com - Larry Schlesinger - Fletcher Building sells long-held Penrith site for almost $30m
Fletcher Building sells long-held Penrith site for almost $30m
Australian Financial Review

NZ-listed building materials giant Fletcher Building has sold its long-held manufacturing hub in Penrith, in Sydney's west, for just under $30 million to local developer Aon Ari Property. The 12.06-hectare site at 2115 Castlereagh Road had been…

bisnow.com - State of Atlanta CRE
State of Atlanta CRE
Bisnow

Thursday December 3 2020 | 9:30 AM EST Registration Questions? **Please note we have pricing tiers based on ticket availability. Ticket prices will increase once we sell out of the current pricing tier. We cannot redeem a lower price once the…

wcvb.com - House hunting during COVID-19
House hunting during COVID-19
WCVB

Updated: 8:18 PM EST Dec 1, 2020 Historically low interest rates are bringing buyers to the real estate market With historically low interest rates, are you ready to make a move? Many home hunters are looking for more space due to the pandemic…

vox.com - Rani Molla - The death and rebirth of America's department stores, in charts
The death and rebirth of America's department stores, in charts
Vox

The pandemic has been terrible for numerous industries, and department stores are no exception. Once the main place many Americans did their clothing and other retail shopping, department stores have long been in decline, along with the malls that…

venturebeat.com - David Richards, WANdisco - Andy Jassy's AWS keynote revealed little about multicloud plans
Andy Jassy's AWS keynote revealed little about multicloud plans
VentureBeat

In the shadow of the pandemic, a skittish post-US election economic climate, and the semi-permanent shift to work-from-home, cloud vendors are facing a groundswell of customer demand for multicloud solutions. We've recently seen two of the Big…

crainscleveland.com - Ohio ranks eighth among innovative states
Ohio ranks eighth among innovative states
Crain's Cleveland Business

A new study of U.S. patent data found that Ohio ranks eighth in the number of patents filed since 1975. Ohioans and Ohio businesses have filed 127,347 in the 44-year span in the study by Commercial Café, a commercial real estate and job…

postandcourier.com - Jessica Holdman jholdman@postandcourier.com - Columbia airport begins marketing property for e-commerce warehouses
Columbia airport begins marketing property for e-commerce warehouses
Post and Courier

COLUMBIA — With new buildings in short supply, Columbia Metropolitan Airport is seeking to capitalize on demand to land its first industrial park tenant. Colliers International commercial real estate firm, on behalf of the airport, launched…

globest.com - Florida Preps for Distress Deals
Florida Preps for Distress Deals
GlobeSt

Tony Arellano and Devlin Marinoff are co-founders and managing partners of Miami-based DWNTWN Realty Advisors. The firm focuses on urban core transactions ranging from $3 million to over $20 million. GlobeSt.com caught up with them to discuss the…

chicagobusiness.com - Debt woes pile up for Loop tower after apartment conversion flops
Debt woes pile up for Loop tower after apartment conversion flops
Crain's Chicago Business

A vintage Loop high-rise faces an uncertain future and mounting debt woes after the collapse of a deal to convert part of the building into the city's largest co-living property. A lender has filed a $22.8 million foreclosure suit against the owner…

afr.com - Ingrid Fuary-Wagner - Half of all office workers will spend two days at home
Half of all office workers will spend two days at home
Australian Financial Review

About half of Australia's workforce will work from home two days a week in the wake of the pandemic, which in turn will spark a 5 per cent fall in net demand for office space, according to a new report by one of the country's largest property funds…

houstonchronicle.com - Nancy Sarnoff - Downtown building occupied by Chase purchased by Triten Real Estate partnership
Downtown building occupied by Chase purchased by Triten Real Estate partnership
Houston Chronicle

An investment partnership led by Houston-based Triten Real Estate Partners has purchased 1111 Fannin, a 17-story office tower in the central business district occupied JP Morgan Chase. The bank, however, is expected to move out next year, allowing…

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