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No doubt, the pandemic will catalyze changes for the commercial real estate market, and that is where investors should start when thinking about future investment strategy. Mike Sebastian of Appfolio expects the pandemic will accelerate the ecommerce online shopping trend, creating more demand for warehouse and distribution facilities. Retail, on the other hand, has become a question mark with the prospect of long-term social distancing standards that could become part of our culture.

“Pre-COVID-19, e-commerce sales were already making history; last year, e-commerce sales surpassed ten percent of total retail sales for the first time. Today, every retailer is asking themselves how the global pandemic will have an impact on their retail businesses,” Sebastian, industry principal of investment management at Appfolio, tells GlobeSt.com. “Right now, as investors are making decisions in the wake of a pandemic, the most important takeaway is to focus on the future; e-commerce was already rapidly growing and the need for industrial space was already present. This pandemic only has expedited those needs.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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