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Brighter Days Ahead for Retail Sector ... Thanks to 2023 Holiday Sales
As highlighted by recent CBC blogs, the retail sector is thriving. It continues to defy historic lows in available space with plans for another 1,000 new stores to be launched this year, which only underscores its resilience amid challenges in commercial real estate. Deloitte has recently released holiday sales...
2023’s Top Performing Retail Hubs: Consumers Create New Paths to Retailers
The retail industry has experienced intense highs and lows in recent years. In-person store visits experienced a substantial increase in the latter half of 2023, largely attributed to the phenomenon known as “revenge shopping.” This concept captures the enthusiasm people have for spending money on...
Coworking Space Gaining Popularity in Commercial Real Estate
Given the rapid increase in office vacancies and the continued popularity of remote or hybrid work models, post-pandemic, commercial real estate investors are now turning their attention to coworking spaces as the demand for them rises. Coworking and shared spaces have become crucial for various professional groups,...
C-Store Trends & The Brands Leading the Way
Many recall convenience stores as small retail establishments attached to a gas station, where one might grab a drink or a pack of gum. However, as indicated in Placer.ai’s white paper titled “C-Store Trends & the Brands Leading the Way,” contemporary convenience stores, or...
THE TREND REPORT
Retail Renaissance: Adapting Malls for Success  The modern retail landscape is undergoing significant transformations, spurred by evolving consumer behaviors, technological advancements, and economic shifts. The pandemic accelerated these changes, pushing retailers to pivot rapidly to meet evolving consumer demands....
How EV Charging Stations are Reshaping Property Development
In an era dominated by sustainability concerns and technological advancements, the landscape of both real estate and transportation is rapidly evolving. One prominent trend that encapsulates this transformation is the integration of Electric Vehicle (EV) charging infrastructure into new constructions. While the...
Retail Shops Shine as a Prominent Player in Commercial Real Estate
Retailers in the United States are defying historic lows in retail space availability by planning to launch 1,000 new stores this year, underscoring the sector’s resilience amid commercial real estate challenges. Despite factors like inflation, elevated interest rates, and the closure of businesses such as Bed...
Challenges in the Affordable Housing Space: What to Know
The U.S. is facing a potential loss of nearly 200,000 affordable housing units in the next five years as government protections expire for hundreds of rental properties, allowing landlords to set their own rents, highlighted by The Wall Street Journal. The main program used by the federal government to encourage...
Testimonial For Tom Velalis
Sarah Fisher from the Frida Bee Studio shares her experience with our Tom Velalis whose dedication and support didn’t go unnoticed.
Student Housing ... A Beacon of Hope in CRE
Numerous office buildings remain largely vacant. The once rapid growth of apartment rent has decelerated and is even declining in certain areas. However, within the struggling commercial real estate industry, there is a rare positive aspect seen in housing aimed at college students attending popular...