John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
The role of the corporate real estate executive is becoming more strategic as occupiers look to optimize their workplaces. So says CBRE's latest survey.
There's still room to run, though for US-based investors, the upcycle might be getting a little long in the tooth. And foreign investors are loving it.
Recent manufacturing deals solidify the presence of two Euro-based corporations in America's heartland. Impending trade restrictions and tariffs helped seal the deals, but it was the inherent strength of the Chicago metro industrial market that sealed the deals.
The trend toward fast delivery is driving a new wave of industrial investment interest into high-growth cities, along with traditional infrastructure hubs.
Well, it couldn't last forever. The cannabis market is leveling off in Washington State, six years after legalization. But as resistance slips inside the Beltway, the market could take another long hit.
Off-campus medical office plays are all the rage these days. The same can be said for on-campus medical office, and it's time to re-evaluate the sector's niche status.
The nature of work is changing, and that's not just a tech thing. One expert on the subject believes that those managers who don't recognize the changes taking place around them are traveling a road to irrelevance.
“When a shopper gets into the car, they need to think of our shopping center first.” That's a strategy worked best at Federal Realty by a close union of asset and property managers, says Federal's Bryan Furze.