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Emerging market trends and advancements in technology are changing the demand and requirements for retail, medical and various other property types. In some cases, this creates a compelling opportunity for value-add adaptive reuse projects, but it may also lead to lost value if a building becomes functionally obsolete. In order to stay competitive in this fast-moving market, it is critical to stay ahead of and proactively adapt to changing demands. What is the next disruptive trend that will create new risks and opportunities in the CRE space?
I.CON offers the most up-to-date trends and information available presented by the most notable names in industrial real estate. Topics include e-commerce trends, the logistics supply chain, demand for new industrial development and trends in current and future industrial facilities. Don't miss the industry's only national conference for the industrial sector and your opportunity to network and share strategies with top industrial leaders from across North America.
PHILADELPHIA, PA—Steady improvement in the jobs picture is leading to increases in retail spending and a corresponding expansion trend among retailers in the geography, according to Marcus & Millichap's second quarter Retail Research Market Overview.
EDISON, NJ—Several industry observers praised the 'strong leadership' skills of Mack-Cali's new CEO, Mitchell E. Rudin, and its president and COO, Michael J. DeMarco. Mack-Cali announced the appointments last week.
DALLAS—Los Angeles-based Mesa West Capital has funded two separate five-year, non-recourse loans totaling $104.3 million for the acquisition of an 812,000-square-foot office campus and a 228-unit apartment home community in Dallas.
CHICAGO—South Street Capital , a Chicago based, privately controlled real estate investment firm, has decided to expand the scope of its acquisition strategy into several Midwest states and core areas on the West Coast.
ALLEN, TX--TIG Real Estate Services Inc. has announced plans to build Ridgeview Business Center, a $31-million, 154,000-square-foot, six-story office building set on eight acres optioned by Allen Economic Development Corporation (AEDC) along the Sam Rayburn Tollway between Stacy Road and North Watters Road.
NEWARK, NJ—Prudential Investments has launched the Prudential Real Estate Income Fund (NASDAQ: PRKAX), a real estate strategy driven by investments principally in real estate investment trusts, or REITs, and other real estate securities.
WASHINGTON, DC—And so it begins. The Senate has introduced a bill that would make significant changes to this very popular funding program. The CRE community, needless to say, has its own thoughts on the subject.