Cold storage is quickly becoming one of the fastest-growing sectors in commercial real estate. A recent Skyquest report shows demand is expected to grow from $43.2 billion in 2023 to $118.8 billion by 2031. This surge is fueled by changing consumer habits, new technology, and broader economic shifts. Understanding what drives this demand is essential […]
Last week, the Los Angeles Times reported multiple swarms of earthquakes along the California-Mexico border. Earthquake swarms are common in the Imperial Valley and can be a cause for concern, as major, damaging earthquakes have been known to follow. However, these swarms often occur without leading to a significant seismic event. Despite this, scientists remain […]
The forecast for retail in commercial real estate is undergoing significant shifts, influenced by various factors and trends. Retail Commercial Real Estate will surely be top of mind at the upcoming ICSC Las Vegas conference. ICSC Las Vegas is the largest commercial real estate conference every year, getting top professionals, dealmakers, and innovators worldwide together […]
Last year there was a lot of speculation regarding a recession on the horizon which could still holds true for 2024. The top factors in 2023 to influence commercial real estate are geopolitical issues, inflation and rising interest rates which would impact all asset classes including Multifamily, Industrial, Retail and Office. For 2024, according to […]
Ever since the pandemic which was the primary factor that brought about hybrid and work-from-home flexibility companies have been relying on special resources and building amenities to lure employee back to the office. However, industrial and warehouse building employees were not able to work remote. The workforce at distribution centers and warehouses as well as […]
Summer has just begun, and according to recent news outlets, millions of people and structures across the country are experiencing severe weather, including thunderstorms and a deadly heat wave sweeping the South. Just as the heat takes a major toll on us, extreme weather and operational conditions affect the structural members of buildings. The most […]
Office assets have been a sure thing in commercial real estate for a long time and considered a reliable source of revenue for owners and lenders. However, since the pandemic the future of the office sector in commercial real estate is unclear. While industrial assets saw the biggest increase in demand and production over the […]
PML or Probable Maximum Loss is a term the insurance industry created decades ago to reference the maximum loss an insurance company should expect to pay for a claim based on the seismic assessment of a property / building. PML, SEL and SUL are defined below. Due to advancements in technology and our ability to […]
There is a lot of speculation regarding a recession on the horizon in 2023. If true, high interest rates and a potential recession will make 2023 a challenging year for commercial real estate. The top factors in 2023 to influence commercial real estate are geopolitical issues, inflation, and rising interest rates, which would impact all […]
Industrial is KING has been the overall theme in commercial real estate since the pandemic sent the e-commerce industry into overdrive, and the demand for warehouses/ distribution centers skyrocketed. However, it seems the industry giant Amazon is sending a message as it shifts its warehouse strategy. According to Bloomberg, last month, Amazon announced plans to […]