- Retail Sales Rebound in July
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“Retail sales gained ground in July, stemming a three month stretch of consecutive declines,” said Hessam Nadji, managing director of research services for Marcus & Millichap, in an Aug. 17 blog post. However, new demand for retail space continues to
- Opportunity Outweighs Risk in Emerging Markets
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Despite last year’s widespread social, political, and economic upheaval, global corporations remain committed to expanding in emerging markets, according to a CBRE report. Africa, Asia, and Latin America are targets for strategic medium term growth. However, each location presents unique
- Top Markets to Watch in 2013
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San Francisco replaces Washington, D.C., as the leading market for investment, development, and housing in 2013, according to PwC Urban Land Institute’s Emerging Trends in Real Estate 2013 report. With a strong jobs outlook fueled by the technology sector and
- 2012 U.S. Presidential Election Guide on Commercial Real Estate Issues
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View the election guide. CCIM Institute is pleased to offer the 2012 Election Guide on Commercial Real Estate Issues. As an organization, we do not support candidates or political parties. The guide is intended to be a
- International Beat
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Scotland’s Big Deal LaSalle Investment Management Kapitalanlagegesellschaft mbH recently purchased two retail properties in Scotland for a total of £58.6 million or more than $91 million. What do they have in common? Long term leases. One store, in Glasgow’s Style
- Use a Lifeline
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Mired in a difficult market, real estate agents, brokers, and property managers are encountering adversarial situations and hostile clients. When deals don’t work out as hoped, buyers and sellers look for someone to blame. Increasingly, they are finding fault with
- Construction Spending Hits Three-Year High
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Construction spending in September reached a nearly three year high at an annualized rate of $852 billion, according to the Associated General Contractors of America. Total construction spending increased 0.6 percent for the month and 7.8 percent year over year,
- Renew and Reconnect
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Despite the commercial real estate market’s ups and downs, the most successful CCIMs have one thing in common A powerful network. There’s no better way to stay connected to the industry’s top professionals than through the CCIM Institute. As you
- Market Trends
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Libor – What Is It? The recent debacle involving manipulation of the London Interbank Offered Rate caused many to wonder what exactly it is. This benchmark interest rate used throughout the world’s financial systems is determined by the British Bankers
- Healthcare Reform Sparks Interest in Medical Office
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The Supreme Court’s recent affirmative ruling on the Patient Protection and Affordable Care Act reduces uncertainty among healthcare executives and could set the stage for increased medical office space demand, according to Marcus & Millichap’s 2H12 Medical Office Research Report.
- CCIM Connections
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Capitol VoiceWhile economic conditions dominate most of today’s headlines, the commercial real estate market’s health—and its impact on the broader economy—should not be underestimated. “Commercial real estate is integrated with various sectors of our economy ranging from small businesses and
- U.S. Companies Focus on Mobile Capital Investment
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Companies spent $135 billion on mobile capital investment – projects that are not tied to a specific geographic market – in 2011, according to Ernst & Young's 2012 U.S. Investment Monitor. The projects accounted for 336,000 new mobile jobs, many
- Industrial Stacks Up
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It didn’t take long for Jeff Castell, CCIM, SIOR, to find a buyer for his client’s 704,000 square foot distribution center in Franklin, Ind., earlier this year. A principal at Cassidy Turley in Indianapolis, Castell knew the property’s 32 foot
- Las Vegas Leader
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Although residential overstock and dependence on the broader U.S. economy keep Las Vegas’ commercial real estate recovery at bay, some major office and industrial tenants are placing their bets in the still challenged market. What’s the upside? “Las Vegas is
- Seniors Housing Investment Outlook Is Favorable
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The seniors housing market remains poised for continued growth through the end of the year and beyond, according to Marcus & Millichap’s 2H12 Seniors Housing Research Report. The firm forecasts that top tier senior housing will continue to see an
- Out of Gas
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Gas prices increased 20 percent during the first half of 2012. Lower oil prices decreased the pump price earlier this summer, but in late July, prices started climbing once again. Paradoxically, one of the businesses most negatively impacted by higher
- Basic Training
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Commercial real estate has experienced a dynamic market shift during the past five years that has affected nearly every aspect of the industry. As the slow economic recovery remains fragile, many commercial property owners and investors wonder if they can
- Regional Outlook
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East D.C.’s Big Deal The next fast food trend coming your way conveyor belt sushi. London based Yo Sushi opened its first U.S. franchise location in Washington, D.C.’s Union Station, with two more D.C. locations planned for this year. The
- Slowing Job Creation Impacts CRE Recovery
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A slowdown in job creation, along with elusive financing, affected most commercial real estate sectors in 2Q12, according to the National Association of Realtors’ latest commercial real estate forecast. “Job creation in the second quarter was about half of what
- Top Manufacturing Growth Markets
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While industrial production has dropped in Europe and growth has slowed in China, U.S. factories have continued a more than 33 month expansion, according to a recent NewGeography.com survey. The study assessed manufacturing employment growth in the 65 largest metropolitan
- Study Reveals How Social Media Impacts Businesses
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Businesses that integrate social technologies such as blogs, video sharing, microblogging, and social networking can boost their financial performance and market share, according to a recent survey from McKinsey & Co. Although integrating these technologies can improve companies’ performance, gains
- CCIM Members’ Favorite iPad Accessories
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CCIM members favorite iPad accessories — cases and chargers — are a good indication of how much their tablets are used. These accessories keep their iPads charged, protected, and integrated with other devices. Here are the accessories CCIM members said
- iPad Insights
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When Apple unveiled the iPad, commercial real estate professionals could impress their clients just by carrying the tablet into a meeting. Two years and many competitors later, the iPad has lost its novelty but not its utility. CCIM members continue
- Economists Advise Taking Long-Range View on Recovery
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Appearing before Counselors of Real Estate members in Chicago, social commentator Joel Kotkin and economist Erik Hurst recommended looking beyond popular commercial real estate headlines, particularly the short term predictions about housing, to get a sense of the true recovery.
- Survey Predicts Rise in Consumer Holiday Spending
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Approximately 25 percent of consumers are willing to spend more or substantially more this holiday season versus 2011, according to the International Council of Shopping Centers Goldman Sachs 2012 Holiday Spending Intentions Survey.This year marks the largest year over year