National
CRE Tech Sector Headed for Defining Moment
2017 proved an active year in commercial real estate technology, according to CREtech’s 2017 End-Year Report, and greater advances are on the horizon as the sector nears a tipping point in its lifecycle.
Top 5 Office Portfolio Transactions of 2017
Throughout the past year, the U.S. office transaction volumes softened, but this didn’t stop institutional investors such as Duke Realty, BlackRock or JPMorgan to trade massive portfolios at high prices, Yardi Matrix data shows.
Economy Watch: Most Office Space Under Construction Already Preleased
More than half of new construction is preleased in all but one of the top-10 markets for construction activity, according to CBRE’s latest MarketFlash report.
Hospitality Gains Momentum in 2018
Uncertainty about the federal government’s tax and fiscal policy slowed hotel transaction velocity in 2017, but sales activity is expected to increase this year, according to Marcus & Millichap’s 2018 Hospitality Investment Forecast.
Is Cold Storage Heating Up?
The increase in online grocery sales will generate demand for as much as 35 million square feet of U.S. cold-storage space within the next seven years, according to a new report from CBRE.
U.S. DOE Office Would Boost Anti-Cyber Attack Strategies
Proposed in the Trump Administration’s budget, the Office of Cybersecurity, Energy Security and Emergency Response would research and develop strategies to protect the U.S. power grid.
Inside Fifth Third’s All-Solar Strategy
Scott Hassell of Fifth Third Bank discusses a landmark decision to procure the company’s entire renewable power supply from a single solar facility.
Why AI Won’t Replace the Facilities Team
BuildingIQ’s Steve Nguyen discusses the most common misconceptions about artificial intelligence and the most frequent roadblocks in the adoption of the Internet of Things within the commercial real estate industry.
Economy Watch: Prices for Construction Materials on the Rise
Prices for all 11 subcategories of construction inputs increased year-over-year, and only three saw monthly declines, according to the Associated Builders and Contractors.
Boyne to Repurchase 6 Ski Resorts
The mountain resort owner and operator will buy six previously owned properties in the U.S. and Canada from an affiliate of Oz Real Estate. Boyne sold the assets more than 10 years ago in sale-leaseback transactions.