Madewell Cos. Transforms Former Albertsons Location into Co-warehousing Space Called Madewell Spaces, the venue combines flexible office, retail, and co-working areas with the shipping and storage capabilities of a warehouse. Dallas-based investment firm and developer Madewell Cos. has branched into coworking, launching a mixed-use office, retail, and warehouse space for small business owners at […]
As commercial real estate tumbles, some see opportunity in offices Office real estate in particular has taken a big hit as employers have given in to remote work or hybrid arrangements, dramatically lowering their need for square footage. That has caused occupancy rates to plummet, putting some property owners in a bind. “This kind of scenario […]
Rightly or Wrongly, ESG Driving Many Corporate Real Estate Decisions Worldwide According to a new global survey from CBRE, companies are favoring environmental, social and corporate-governance (ESG) factors more heavily in their decisions on which buildings to lease or buy, with many prioritizing green-building certifications and features that reduce energy consumption or generate renewable energy. […]
Two CRE Signals to Watch This Year With uncertainty and market readjustments being some clear watchwords for 2023, knowing how and where to pivot becomes both necessary and challenging. A recent Hines report noted that investors, owners, and operators can’t completely rely on what happened in the past because every cycle has its own quirks. “Recognizing what […]
Permanent Shift from Goods to Services for Retailers ‘On the Table’ Moody’s Analytics report sees a definite trend that way since pandemic. A more permanent shift from goods to services is “on the table,” according to a new report from Moody’s Analytics. Private services spending growth has outpaced goods spending in every quarter since COVID […]
Global Economy ‘May Still Avoid A Recession’ While several factors raise the possibility of an economic downturn, the overall outlook remains positive. The global economy may still avoid a recession, despite strengthening headwinds, according to CBRE chief economist Richard Barkham. In a new analysis, Barkham notes that while several factors raise the possibility of an […]