Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
On this episode, hear insights from Co-Founder and CEO of Brevitas, Ardian Zagari, as he shares what he learned building a successful commercial real estate business, how we are taking those best practices and applying them to CBC as well as what is in store for the future development of CBCWORLDWIDE.com
On this month’s ICYMI, we recap our successful Global Conference, share details on the upcoming CBCWorldwide.com website, and highlight some Thought Leadership resources now available.
Although experts acknowledge the lack of clarity on pricing and the uncertainty about current market conditions due to inflation, rising interest rates, and supply chain disruptions, there is an overall optimism that this recession will not last long and that inflation is at its peak in most markets.
The 2023 CBC Global Conference was an incredible event where attendees could brush up on their commercial real estate knowledge and skills, brush elbows with professionals from all over the country, and have some fun.
A 4,000 sq. ft. building on more than one acre in Westlake Village, CA, sells for $2.7M, reflecting the premium on space and location.
Although opportunities to acquire distressed CRE have been few and far between thus far, conditions may lead to a significant uptick in the sale of troubled office assets in the coming years. It’s long due, as industry observers have been anticipating a wave of distressed office listings since the pandemic’s onset first unsettled the office market.
CBC facilitates a 10-year lease for New Views Bar and Grill in Houston.
Leadership in CRE is recognized by CBC, announcing its 2022 award recipients for exemplary leadership.
The sale of an approximately 48,550-square-foot property in Canoga Park/Chatsworth, CA, showcases the dynamic nature of the local CRE market.
Several downtown areas like Chicago, Cleveland, and Philadelphia have excess office space and insufficient housing to meet growing residential demand. Thus, developers have a solid opportunity to give new life and purpose to an old building with nearby restaurants, retail, and strong employment.