CRE
Digital Transformation
The state of commercial real estate has been significantly changed by the COVID-19 pandemic. The industry has seen a steep rise in the need for tech platforms to drive revenue and facilitate remote work to keep offices safe and productivity high. Spending on advanced technology According to CBRE research presented by Stuart Appley on a […]
08 / 11 / 20
Lease Performance Now
It’s hard to imagine entering August with the COVID-19 pandemic still causing mass disruption throughout the commercial real estate industry. While there are varying degrees of guidelines and protocols for reopening buildings, the general consensus is that a large percentage of tenants needed help to navigate these times. Whether it was in the form of […]
08 / 08 / 20
5G Technology
What do we know about 5G connectivity at this stage in its development? First, we know it’s nowhere near the capacity it will have in the coming years. Second, we know that it will provide an incredible speed increase over 4G (potentially 100x faster downloads). Third, we can safely presume it will have a significant […]
08 / 05 / 20
Safe Workplaces
We are nearly four months into the COVID-19 pandemic and businesses have had to adjust their daily operations to reopen for staff and guests. Every aspect of sanitation, proper distancing, touchpoints and other routine business functions are now altered to improve the safety and peace of mind of workers returning to the office. Coworking industry […]
07 / 29 / 20
ICSC Webinar
In an ICSC webinar held in late June, Brian Sutherland, Yardi industry principal, moderated a panel discussion about how current economic and social challenges are forcing commercial operators to adapt to a changing market. They discussed the importance of AR management and evaluating tenant risk to accurately project future revenue and overcome the effects of […]
Virtual GWA 2020
The 2020 GWA Conference, like many events nationally this year, was forced to pivot to a virtual setting. Despite the quick timeline to put the online event together, GWA was able to gather a fantastic group of presenters and over 1500 attendees took part in the 24-hour production. The prevailing themes were health and safety […]
06 / 20 / 20
Yardi Proptech Insights
In the latest edition of Yardi Proptech Insights, Yardi regional director Richard Gerritsen speaks with Bart de Sitter and Jay Lelie of Delin Property about the company’s efforts to design innovative warehouse spaces that are efficient and functional as well as attractive for workers. With the growing need to attract and retain ecommerce employees for […]
Varying Impacts
Yardi Matrix continued its series of comprehensive market impact webinars on May 13 with an in-depth look at the state of the commercial real estate industry, presented by Jeff Adler, vice president of Matrix, and Rob Teel, senior vice president of global solutions at Yardi. Both provided data and insight into the crucial question Adler […]
What’s Ahead for Energy
The U.S. Energy Information Administration, the U.S. Department of Energy’s statistical and analytical agency, provides annual projections for U.S. and world energy markets over the next 30 years. Highlights from the latest release: Overall U.S. energy consumption will grow more slowly than gross domestic product as energy efficiency continues to increase. Purchased electricity consumption […]
05 / 06 / 20
Commercial Outlook
Last week, Yardi Matrix hosted three webinars that provided insight on how the COVID-19 pandemic is impacting the self storage, multifamily and commercial real estate markets. Let’s look at the insight on the commercial market, which is extensive. This post continues our first commercial sector recap, which you can read here. Feast and famine in […]
04 / 07 / 20
Commercial Outlook
Last week, Yardi Matrix hosted three webinars that provided insight on how the COVID-19 pandemic is impacting the self storage, multifamily and commercial real estate markets. Let’s look at the insight on the commercial market, which is extensive. This post will cover the office market – a follow-up on industrial and retail can be found […]
04 / 06 / 20
Uncertainty Ahead
February was the last month of the record long economic recovery before U.S. office workers were largely asked to work from home, which will likely have long term implications for the national office market, Yardi Matrix reports in this month’s National Office Report. The rapid growth of COVID-19 has made it clear the economy has […]
Reshoring Jobs
A thriving job market is great for commercial real estate, especially when it demands industrial sites. After decades in China, several American-owned manufacturers are bringing their jobs back to American soil. Property developers and owners in a few unlikely areas are benefiting from reshoring efforts. Why the Switch? The American skilled labor workforce has always […]
02 / 26 / 20
New Office Insight
Here are some highlights of the most recent U.S. office property report from Yardi Matrix: Office-using employment increased 1.6% year-over-year in November 2019. The average asking rate increased 2.3% year-over-year that month while the vacancy rate fell 10 basis points to 13.6%. Growth in demand for office space as measured by office-using employment is heavily […]
Office Market Update
Here are some key findings in the most recent U.S. office property report from Yardi® Matrix. All figures are as of October 2019 unless otherwise noted. Demand for office space remains strong, with office-using sectors adding 545,000 jobs over the past 12 months. One of every three jobs added in the 12 months ending in […]
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