Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
The age-old adage “time is money” applies to commercial development and construction. That is why John Wanamaker, CCIM, broker and owner of Coldwell Banker Commercial AI Group in central Florida is a strong proponent of the “Design Build” concept.
If you spend any time at all in the commercial real estate world, you’ve probably heard and seen terms like green, clean energy and sustainability all over the place. But are you really sure about what these terms mean, or how they’re applied?
The UNCTAD is behind an initiative to promote sustainable development in every U.N. member state. Its stated goals also include initiatives to significantly increase sustainable industrialization in lesser developed countries (LDCs) by raising their share of GDP and industry share over the next 12 years.
There is a construction labor shortage across the country, which has been increasing over the past several years. While certain markets are feeling the effects more greatly than others, they can still be felt throughout the country. Most notably, it has had major impacts on the markets in the mid-Atlantic region.
Ever wonder where to go to find a shiny, brand new apartment complex? Multi-family construction is booming all over the US, and is continuing on trends that began years ago, and have been increasing, believe it or not. These five cities are some of the largest in the current iteration of the boom!
Retail construction is leading all other property types, growing nearly 25% in 2015 over the previous year. The hard-hit retail sector is coming around, and a large portion of the building going on in retail is renovation rather than new construction.
The U.S. population saw overall growth of 9.7% in the years between 2000 and 2010, but growth in urban areas was higher, at 12.1%. Urbanization is a significant feature of growth around the world, and has considerable impact on commercial real estate.