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The Flight To The Suburbs Is On Again!

Some urban areas are seeing a renewed exodus as workers and families seek the space and lower congestion offered by the suburbs. As reported in Boston and New York, home buyers are flocking to the suburbs, bidding up home prices and consuming an already limited...

Home Building Soars!

Home building has taken off again. In July, new housing starts were up 22.6% over June volume and multi-family starts were up 58% over June. The annual pace of housing starts is projected at 1.5 million. In fact, the rate of housing construction is so strong that,...

Are Robots Coming To The Hotel Space of Commercial Real Estate

For several years now, robots have been being introduced to hotels around the world. The roles the robots take on include cleaning, delivery of amenities to guests, concierge services and check-in/check-out functions. The robots have been met with various reactions...

Tennessee To Get A Seventh Amazon Distribution Center

Here we grow again! Amazon has announced the development of a seventh distribution center to be opened in Tennessee. This facility will open in 2021 in Mt. Juliet (east side of the Nashville metropolitan area). The facility will have 855,000 square feet, create 1,000...

New York Hotels Hit Rough Times

The W Hotel, a Marriott property in NYC, has filed that it won't reopen and will close its doors permanently in October. Experts estimate that potentially 20% of NYC hotels may not reopen. Industry experts further predict that for those hotels that have reopened in...

As Trade With China Shrinks, Industrial Real Estate Demand Shifts

As companies reduce their reliance on China as a manufacturing hub, manufacturing functions are moving to countries such as Taiwan and Vietnam, as well as some European countries and of course, domestic development. Resulting from this change will be shifts in port...