Another successful week has come to an end and with it brings our roundup of CRE news articles to keep you in the loop. This week we found Staples’ strategy to use their excess space, Massachusetts spending $1.1B in affordable housing, rental cost continuing to soar, what’s happening in the smart parking industry, and so much more. See the 12 CRE news articles below to get a better all around view of the industry:

1.The Future of Retail – An infographic on the future of retail. (Llenrock Blog)

2. How Good is CRE Big Data – What is big data?  It refers to large data sets of both structured and unstructured data sources. You’re dealing with structured data when you’re filling out forms. Each field in the form goes into a column in a table in a database. (CRE outsider)

3. Is the Staples/Workbar partnership the answer to retail’s real estate glut? – The problem of excess retail property is growing. Staples’ novel solution: Partner with startup Workbar to offer co-working spaces. (Retail Dive)

4. NO ‘CLIFF’ IN SIGHT FOR ATL INDUSTRIAL, E-COMMERCE BOOSTS – For one industrial real estate honcho, Atlanta is close to being overbuilt with warehouses. Or maybe not. Jay’s comment came during our 2016 Atlanta Industrial Update event this morning, and on the heels of our recent report that highlighted a deluge of spec industrial space underway in metro Atlanta. (Bisnow)

5. State infusing $1.1B into affordable housing budget – Massachusetts will infuse $1.1 billion into the commonwealth’s affordable and workforce housing development and preservation programs, Gov. Charlie Baker announced Monday. (Boston Business Journal)

6. South Florida’s industrial markets continue tightening in Q1: Avison YoungIn South Florida’s three counties, the industrial real estate market continues to tighten as vacancies drop across the board and rental rates gradually climb, according to report by Avison Young. (The Real Deal)

7. Rental costs continue to surge past incomes Rent price growth matched the highest since the financial crisis, another indication of the imbalance in the nation’s housing market. (Market Watch)

8. Inglewood, Calif., Pins Hopes for Commercial Revival on N.F.L.’s Rams – The development will include about 900,000 square feet of retail space, a hotel, 2,500 residential units and 25 acres of public parks, all on the site of the former Hollywood Park Racetrack. Plans include almost 800,000 square feet of office space. (New York Times)

9. TJX in store expansion push While other retailers make news by posting grim first quarter results and closing stores., the nation’s leading off-price retailer is making headlines by doing just the opposite. (Chain Store Age)

10. 5 workplace trends driving change in offices – From implementing wellness and sustainability initiatives, to leveraging technology investments and the growing freelance economy, the priority list of issues that affect the workplace and workplace happiness is as important as it is long. (Upstart Business Journal)

11. Can the Smart Parking Industry Carve out a Space for Itself? – Recently, the combination of smartphones and sensor technology has made possible new “smart parking” solutions wherein drivers can use apps to find and, in some cases, even pay for parking. Pilot programs in cities like Los Angeles and San Francisco have found that such technologies can significantly reduce traffic congestion while also upping municipalities’ revenues, Citron says. (CBRE Blueprint)

12. Optimism In Commercial Real Estate – Commercial real estate executives appear relatively optimistic about the general state of
 the market in 2016, with many predicting higher than average deal volumes for their firms. (Forbes Insights)

If you like our weekly roundup, but want to see CRE news articles targeted to your markets or properties, you can always sign up to our free news tool.

Our news tool includes the news feed of our Insights product, giving you the ability to follow markets, locations, or properties, which means you only see CRE news happening in a 1-10 mile radius. You also get access to our CRE news on a map feature giving you a unique map view on commercial real estate trends in 170 markets across the country reported from over 200+ news source

REscour Free Account

Leave a Reply

Your email address will not be published. Required fields are marked *