Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
While the pandemic accelerated trends in retail, it upended the strong momentum in the office and hospitality sectors and urban markets. These trends will likely continue in 2021 and reshape what buyers, owners, tenants, and residents may ultimately want to occupy.
In what is considered the first of its kind, Coldwell Banker Commercial (CBC) unveiled Commercial University®, a brand-new learning application. The innovative resource was explicitly created for Coldwell Banker Commercial network professionals. CBC’s collaborative network of independently owned and operated affiliates comprises nearly 200 companies.
Few real estate brands have risen to the level that Coldwell Banker has. Not only has the name been etched on the foundation of an industry, but it has also survived the test of time, enduring market shifts and rising strongly from devastating earthquakes. Coldwell Banker Commercial (CBC) is one of the oldest and most respected national real estate names in the country.
With the exponential increase in e-commerce demand over the past year due to the COVID-19 pandemic, this sector is having an amazing year. And the disruptions in supply chains have underscored the need for additional industrial real estate across the U.S.
The main anxiety in the student housing sector of CRE is the pandemic’s impact on the 2020-2021 school year’s leasing opportunities. Multiple factors are clouding the outlook for student housing occupancy.
Land sales often reveal an interesting aspect of the U.S. economy. Activity surrounding land transactions can portend where the real estate industry may be headed. In the case of the most recent economic recession, land sales highlighted the shift away from commercial office and retail development.
This post highlights how government-ordered lockdowns impacted property sectors, including office and medical office markets, and looks into the role the pandemic and technology played in commercial real estate.
Those collective insights are shared in this second of a three-part series that highlights which asset classes performed well, which ones struggled, and what adjustments commercial real estate investors, owners, and managers are making to navigate the challenges.
I find myself negotiating in so many aspects of my real estate career. It is not just the price of a property for my client nor the time frame it will take to close—the negotiations include listing agreements, lease terms, contingencies, inspections, tax prorations, and cost-sharing, to name a few.
Now that 2020 is in our rearview mirror, it is a good opportunity take a moment to reflect on what was unquestionably an unprecedented year when COVID-19 impacted nearly every industry across the country, including commercial real estate.