CommercialEdge: Office Starts Slump in Gateway Markets, Advance in Sunbelt
- November 11, 2022
CommercialEdge's October office report explains that office starts slumped in gateway markets, but advanced in the Sunbelt.
As much of Chicago’s office market struggles to regain its footing, the booming life sciences and biotech industry is poised to change the landscape in and around the downtown core. The fundamental problem is the lack of research and development and lab space to keep up with the demand. Hazel Technologies – a USDA-funded agricultural […]
Artificial intelligence, virtual reality, the Internet of Things… all trending technologies that are showing up everyplace from online shopping recommendations to continually monitored physical systems. This big data is collected, analyzed and deployed to help users make smarter choices and is increasingly guiding forces across the commercial real estate industry. Beyond property management and building […]
Midway into a panel discussion at CRE.Converge, a quip about the Federal Reserve behaving like a novice teenaged driver – “way too much gas, way too much brake, way too much gas” – drew laughter from many attending the jampacked session. But palpable nervousness tinged those chuckles at the metaphor by moderator Bart Johnson, president […]
Pressure to satisfy environmental, social and governance (ESG) goals among companies in the commercial real estate sector has intensified during the COVID-19 pandemic, according to panelists at CRE.Converge. External pressure is building as local governments establish environmental benchmarking ordinances. But even where regulatory demands and tenant awareness are lacking, boards and investors are asking their […]
“We are now at a point in history where there is more invention and innovation happening worldwide than there has ever been before in the last thousand years of human history,” said Mike Steep, the executive director of the Stanford Engineering Center for Disruptive Technology and Digital Cities, during his keynote remarks at CRE.Converge 2022. […]
There are times when the advantages of property technology are crystal clear. PropTech can sometimes help commercial real estate professionals identify and seize opportunities in a matter of days, whereas an older tool may have required weeks or months – at which point the opportunity may have passed. Such a scenario was shared by Daniel […]
People who usually worked in offices adjusted quickly to hectic home environments and makeshift workspaces during the COVID-19 pandemic. Now, surveys show that they’re satisfied to leave commutes and cubicles behind for good – or at least for most of a traditional work week. And that’s left a lot of once-bustling office space empty as […]
