Commercial Real Estate News Roundup For May 22, 2014
Talent competitions break out at brokerage firms, Amazon’s newest same-day-delivery warehousing strategy, the mighty Silicon Valley stumbles at its retail task, and what value is lurking in your office’s kitchen? It’s all here in this week’s Commercial Real Estate News Roundup for May 22, 2014.
- As commercial real estate moves, so do the brokers, Crains Detroit, May 18, 2014 – As transaction numbers rise, the opportunities proliferate. Careers in commercial real estate are getting as hot as the market.
- Mobile internet is making the commercial real estate industry move, Commercial Observer, May 13, 2014 – Internet in your pocket doesn’t automatically mean a sea change in efficiency for your business — but it sure helps.
- How this tech startup is renovating the $12 trillion commercial real estate industry, Entrepreneur, May 14, 2014 – View The Space is shaking up the entire process of showing commercial space. How did they do it?
- Blackstone to sell Boston office buildings for $2.1 billion, NYT, May 18, 2014 – Dumping Beantown office towers acquired when Blackstone bought out Sam Zell in 2007, Blackstone keeps the office market on its toes.
- Looking for Austin office space? Here’s 2 million square feet to choose from, Austin Business Journal, May 15, 2014 – New office construction in Austin is up sharply over the previous ten years.
- Health trends spark more interest in medical office space, The Tennessean, May 12, 2014 – Adding to the interest in medical office space are myriad trends in health, as a sold-out BOMA conference on the topic demonstrates.
- Paltry office pantries give way to sleek social spaces, NYT, May 13, 2014 – At any party, all the best stuff happens in the kitchen. So what does it mean when an office recognizes and establishes kitchen space as its social center?
- In the Twin Cities, industrial real estate is a hot commodity, Minneapolis Star Tribune, May 14, 2014 – New construction starts in Minneapolis. Paul are reshaping what it means to expand business operations in the upper Midwest
- How Amazon’s new Bay Area warehouse plays into same-day delivery strategy, Silicon Valley Business Journal, May 14, 2014 – While we haven’t heard much about Amazon’s delivery-by-drone idea of a few months ago, the e-tailing giant isn’t giving up on same day delivery.
- Friend or foe? Amazon is both in Nashville’s commercial real estate business, Nashville Business Journal, May 13, 2014 – Mid-priced brick and mortar are Amazon’s natural prey, say retailing experts.
- Central Arkansas industrial vacancy rate drops, Arkansas Business, May 19, 2014 – Cleaning up the old barn, turning on the lights and getting business done again is the new trend for central Arkansas industrial stock.
- Traditional malls lose ground to shoppers’ vast alternatives, Pittsburgh Tribune, May 17, 2014 – The mainstream press begins to conceive of the traditional mall as a relic of the 20th century.
- Cupertino’s ghost mall, Vallco, may be best hope for a real downtown – despite vexing lawsuit, Silicon Valley Business Journal, May 19, 2014 – Some of the richest real estate in the country has a major retail problem on its hands called the Vallco Mall.
- Grocers, restaurants drive retail growth in the era of e-commerce, Baltimore Business Journal, May 14, 2014 – One-click shopping for groceries and sit-down meals still eludes the technology curve.
- 5 ways companies can leverage pop-up stores, Fortune, May 19, 2014 – Check out some innovative ways to work the hit-and-fade concept behind pop-up retailing
- Investing in multi-family buildings, REM online, May 12, 2014 – Need a primer on NOI and how it drives apartment leasing and management? Check out REM Online’s article.
- Developers see a future with fewer picket fences and more leases, 538Economics, May 16, 2014 – Apartments as share of new residential construction are on the serious climb, says the US Census.
- Apartment construction surges across the Southland amid rising rents, LATimes, May 16, 2014 – Attracted by escalating rents, LA and Orange County developers are getting serious about new apartment building starts.
- The realities of real estate: buying the farm, Capital Gazette, May 18, 2014 – Farm sales come with just as many considerations as other commercial real estate sectors have – learn about them from a pair of veteran brokers.
- Dominion Homes buys land in Liberty Township for 139-lot single family subdivision, Columbus Business First, May 19, 2014 – Meanwhile in Ohio, the line between land and suburbia gets blurrier.
(Photo credit: Wonderlane)