Commercial Real Estate & Business News – November 29, 2017
Apple Might be Leasing Chrysler’s Old Proving Grounds for Self-Driving Car Testing Apple appears to be leasing a former Fiat Chrysler-owned proving grounds in Surprise to test autonomous vehicles, according to the vehicle news website Jalopnik. The tech behemoth Apple Inc. (Nasdaq: AAPL) has been recruiting automotive test engineers and technicians from other proving grounds […]
Commercial Real Estate & Business News – November 28, 2017
Self-Storage Properties Deal with Competition Self-storage properties are finally beginning to feel some pain from overbuilding. Rents that rose quickly of over the past few years are likely to rise slowly this winter-if they rise at all. Experts have worried for years that developers would build too many self-storage properties. But rents continued to rise […]
Commercial Real Estate & Business News – November 27, 2017
3 Commercial Real Estate Trends to Watch in 2018 At the Commercial Economic Issues & Trends Forum on Friday, attendees got insights into how the economy and real estate market will interact over the next couple of years. Here are a few takeaways that can help guide your decision-making and investment moves in 2018, fresh from […]
Commercial Real Estate & Business News – November 22, 2017
What Apartment Renters Want The most attractive features of an apartment unit to renters turn out to be good management, good cell phone reception and a rent that feels reasonable, according to the just released “2017 NMHC/Kingsley Renter Preferences Report” by the National Multifamily Housing Council (NMHC). It shows the results of a survey of […]
Commercial Real Estate & Business News – November 21, 2017
Office Demand Forecast Takes Upward Turn The report notes that the current economic expansion has now lasted for more than eight years and the consensus of economists is for it to continue for “at least one more year, if not two.” Signs of significant overinvestment or overheating in the economy-the forces that normally predict recessions-have […]
Commercial Real Estate & Business News – November 20, 2017
Specialty Retailers Bring Retail REITs Early Holiday Cheer Heading into the holiday shopping season, the story around retail isn’t all gloom and doom. Especially after a handful of impressive quarterly earnings reports last week, which boosted overall industry moral. My hope is that the momentum will spill over to retailers’ landlords, too, which have been […]