Since online retail is growing, and there are not enough industrial buildings, people are forced to find new ways of storing items. Although the demand for big-box industrial space still exists in the urban fringe, the last mile warehouse is about getting all you need close to the customers. After all, you can refill it with trucks from your regional distribution center whenever you need it. Look for spaces in the thousands of feet in buildings that have similarly sized floor plates.
Read MoreNaturally, there's no such thing as a “No Risk” investment property, but STNLs are no exception, but can mitigate much of the inherent risks. Here are a couple of risks you should consider before investing.
Read MoreIf you are considering leasing or buying a property, you need to know the difference between Rentable and Useable Square footage.
Usable Square Footage
The usable square footage of an office space represents how much space your firm will occupy. It includes the whole floor area within the walls of the space that you are leasing. This is the number that you'll have to consider when deciding whether or not an office is adequately sized for your needs.
Read MoreWalk Score measures the walkability of a property’s address using a patented system. For each property, Walk Score finds hundreds of walking routes to the nearest amenities. Points are assigned based on the distance to amenities in every category. Amenities that are within a 5-minute walk get maximum points. A decay function is applied to give points to more distant amenities, and no points are given after a 30-minute walk.
Read More2020 and the years ahead won't come without difficulties for the commercial real estate market. In the United States, certain Commercial Real Estate sectors may be affected by oversupply. the Urban Land Institute states that construction during the current cycle has been below historical trends, but as the cycle matures, we need to look at whether markets are becoming overbuilt. Oversupply may be around the corner for these Commercial Real Estate Sectors:
We expect to see some risk of oversupply in Class A multifamily and industrial properties, but the changes that have heightened the demand compared to historical norms should lessen the material impact on fundamentals, which are expected to stay solid.
Read MoreThe main aim of Opportunity Zones is to encourage long-term investments, especially in low-income rural and urban areas throughout the country, and to boost the economy. An Opportunity Zone is an economically distressed rural or urban community that has been identified by state, local, and federal qualifications.
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