Amazon’s Warehouse Pullback Seen As Opportunity For Upstarts To Play Catch-Up “In another real estate cycle, that much space may have sent reactionary negative shockwaves through the market, but experts who spoke to Bisnow over the last week said the industrial real estate’s fundamentals show an industry that can handle such a tremor.” (Bisnow)
CRE’s Outsize Role in Decarbonizing Cities “More than 60 percent of carbon emissions come from buildings. So as cities around the globe set ambitious carbon reduction goals, there is increasing pressure on the real estate industry to help meet those goals, writes Guy Grainger, global head of Sustainability Services and ESG for JLL.” (Commercial Property Executive)
About 100 Sears Hometown stores are closing “Sears Hometown and Outlet stores were spun-off by Sears Holdings in 2012. Transformco, which acquired Sears Holdings after the company filed for bankruptcy in 2018, didn’t respond to CNN Business’ request for comment. As recently as of 2019, Sears Hometown had 750 stores in the United States.” (CNN Business)
Go-Shop Period In Blackstone, PS Business Parks Deal Expires With No Competing Offers “None of those third parties, or any others, have made competing proposals following the execution of the merger agreement, PSB said in a statement. At this point, no-shop provisions now limit the ability of PSB and its representatives to negotiate competing proposals with or provide non-public information to third parties, subject to exceptions outlined in the merger agreement.” (GlobeSt.com)
Proptech Retrospect: May sees real estate investment surge and growing hybrid workspace adoption “Examples of real estate investment activity include Stoa‘s recent $50 million equity funding round led by Zeev Ventures for its single-family rental (SFR) investment platform FlipOS. Sundae also ended the month with a new premium property investment program to provide investors a way to scale their businesses through its “as-is” property marketplace.” (FinLedger)
Keep an eye on these ‘overvalued’ housing markets as the housing boom implodes “Moody’s Analytics chief economist Mark Zandi tells Fortune it’s premature to use that term. A bubble, in his mind, would require both speculation-driven price growth and overvaluation. That said, we do meet at least one element of a bubble: overvaluation.” (Fortune)
Housing, Child Care, Utilities—Nashville Faces Exceptional Inflation Hit From All Sides “Many Nashville residents said in interviews that they are cutting back their spending or taking on more work. Nearly all of them are re-evaluating their budgets to determine what is a necessity and what isn’t. Some have had enough and are leaving town.” (The Wall Street Journal)
Brokerage Prospecting Strategies, Refined “For brokers, of course, both initiating and developing relationships are critical to building a strong book of business. Interactions, conversations and introductions remain important means of prospecting for clients.” (Commercial Property Executive)
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
Cookie
Duration
Description
cookielawinfo-checkbox-analytics
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional
11 months
The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy
11 months
The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.