Market Share

The Official Blog for Commercial Real Estate

Tag: COVID-19

Tour group - RBC Gateway

RBC Gateway: Soaring to New Heights in Minneapolis

Standing 37 stories in downtown Minneapolis is RBC Gateway, the first Class A office building constructed in the city since 2001. Members of the NAIOP National Forums enjoyed a tour of this facility during the National Forums Symposium held this week in Minneapolis.

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LA multifamily

Multifamily Mastermind Joins Inside CRE

As CEO of Cityview, named the most active multifamily developer in Los Angeles by the Los Angeles Business Journal for the past four years, Sean Burton stays busy. He joined NAIOP’s Inside CRE podcast to share market fundamentals for multifamily development, the buzzy sub-sectors with the biggest momentum, and how Cityview is working to address the extreme housing shortage in L.A.

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Canadian government building

What’s Inside the 2024 Government of Canada Budget

The Canadian government tabled its 2024 federal budget on April 16. The federal budget outlines a broad list of spending and tax measures to be implemented in the coming year. In broad macroeconomic terms, this budget lays out a path of significant spending increases, deficit projections well into the future, and tax increases to offset some of the spending.

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Downtown offices

To Transform the Nation’s Downtowns, We Need the Public Sector

In the wake of the coronavirus pandemic, many downtowns across the country remain disquietingly vacant. The U.S. has the highest office vacancy rates since 1992. Some levels of hybrid and remote work are here to stay, and now the commercial real estate landscape faces some tough decisions, offering both challenges, which are clear, and unique opportunities, which are less well-defined but coming into focus.

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Green commuting

Top 30 Mid-Sized U.S. Cities for Green Commuting

A recent study of which mid-sized U.S. cities are leading the way in eco-friendly commuting analyzed several key factors including public transportation ridership, walking and cycling rates, carpooling engagement, access to EV charging stations, and the promotion of pedestrian and cycling commuting with green amenities and attractive urban environments.

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Downtown Seattle aerial view

Boston and Seattle Lead 2024 Office Pipeline

The office space market is facing a new reality in 2024: lower demand and a need for adaptation. While new construction shrunk by 28% compared to last year with 97 million square feet currently under development nationwide, there’s an interesting twist: Cities are responding by converting unused offices into other uses, such as housing.

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