Market Insights
From major acquisitions and new developments to shifting trends and standout deals, we bring you fresh updates, local stories, and expert takes on the commercial real estate moves shaping our region. Whether you’re tracking the latest transactions or just curious about what’s next, we’ll keep you in the loop with news that’s timely, relevant, and easy to digest.
According to GlobeSt.com a new JLL survey shows support for the hybrid office (working from the traditional office AND the home office). Results include: Increase from average of 1.2 days per week at home to 2.4 days per week. 72% of employees want some level of work from home. 66% want at least 2 days […]
New import stats out as of 10/10/20 – More and more imports coming into the US due to replenishing of inventories, stocking up for holiday season and overstocking to insure the supply chain. October imports up 6.5% year over year, fourth highest month on record! See ProgressiveRailroading.com article: NRF: Ports log record peak season imports
If people aren’t coming back to work then why am I progressively parking higher and higher in the parking garage!!?? #backtowork #returntooffice.
The battle for, and protection of, CRE property data continues with @CoStar’s most recent suit against @CREXi. Interesting bit of history between CREXi, CoStar and @TenX. CREXi CEO, Michael DeGiorgio, is a former executive at TenX (and of course TenX was recently acquired by CoStar!). These battles continue to hold the CRE services industry interest […]
The supply chain has had many challenges over the last 6 months. Shipping lines almost entirely shut down early in the crisis causing huge disruptions to supplies around the world. Shipping company solvency was at risk. Interestingly enough, shipping companies have actually re-tooled the way they approach their business and are making money! See the […]
The effect of the COVID crisis has had varying effects on the real estate industry. Some surprising. This would be one of them! Turner Construction Co. cost index shows that construction costs for Q2 2020 actually declined! One would’ve thought the opposite (with costs of materials increasing and PPE/social distancing/sanitation precautions) but it appears competition […]