High construction costs and market saturation all point to a recession within the next year as developers and other industry players travel back and forth to the drawing board to figure out when a slowdown of economic activity will happen and how to best prepare.

Wow-factor features, like water fountains, are shows to have a significant impact on ROI for retail owners.

Commercial real estate services firm Avison Young has hired Dennis Sherry as senior portfolio manager of the firm's real estate management group. He joins the company from Newmark Knight Frank and is tasked to oversee operations and bolster client relationships.