Commercial Real Estate National News Roundup July 13, 2015
The good news on the horizon for CRE doesn’t seem to want to stop, the complicated prospects of marijuana legalization, rents up and cap rates down, and here come the German grocers. It’s all here at the Commercial Real Estate national news roundup for July 13, 2015.
- The Upward Climb Isn’t Over Yet, GlobeSt.com, July 10, 2015 – Data on employment, overall consumer confidence, debt ratios and capital flow suggest the US CRE market can move upward and onward for a good long time.
- Why Marijuana Legalization is Good for the Real Estate Market & Other Industries, Realty Today, July 8, 2015- Legalization boosts demand for secure industrial properties and provide hemp to manufacture more eco-friendly and cost affordable building materials.
- CBD Office Prices Soar Above Other Sectors, GlobeSt.com, July 9, 2015 – Moody’s reports national prices steadily heading up and cap rates heading down, especially in large markets.
- US Office Economy Shows Promise in Q2, GlobeSt.com, July 7, 2015 – Leasing activity up 17% from Q1 to @2 in 2015.
- Distribution Facility Demand Up Thanks to Port Activity, GlobeSt.com, July 9, 2015 – Increased new home construction drives activity at distribution centers.
- What’s the payoff when it comes to data centers?, Crain’s Cleveland Business, July 5, 2016 – Data centers indirectly bring jobs to their neighborhoods.
- Retail Expansion Translates into Net Lease Construction, National Real Estate Investor, July 9, 2015 – Scarcity drives high prices and demand for new retail net lease construction across the US.
- Aldi and Lidl Are Ready To Invade the U.S. Beware Walmart and Target!, Forbes, July 8, 2015 – The Germans are coming — to bring the US no-frill shopping at the right price.
- Don’t Expect Multifamily Rents Alone to Catalyze Higher Inflation, National Real Estate Investor, July 9, 2015 – Massive wave of supply of new units coming available by 2017 will push against rental rate increases.
- Chicago Apartments Sell Like Hot Cakes, Commercial Property Executive, July 6, 2015 – Renovation and high occupancy of Chicagoland apartments will most likely inspire more needed redevelopment.