Downtown Office Markets Receive Disproportionate Amount of New Supply in US, By Michael Gerrity, World Property Journal
“According to CBRE’s 2018 U.S. Real Estate Market Outlook, improved U.S. office market fundamentals should continue, downtown markets will receive a disproportionate amount of new supply, the tech sector will likely remain a primary demand driver, and occupiers will pursue space efficiency and agility in 2018. CBRE expects continued U.S. office market growth in 2018, with net absorption projected to total 32.1 million sq. ft. As occupiers have focused on maximizing efficiency and productivity in their portfolios, net absorption has become more muted in recent years than in past expansion periods. That has led to more moderate but sustainable growth rates, which should continue in 2018.”
With Demand Drivers in Place, U.S. Office Market Expected to Continue Cruising into 2018, By Randyl Drummer, CoStar
“The U.S. office market continued to benefit from strong fundamentals going into 2018, despite continued deceleration in net absorption, occupancy and rental rate growth. With robust corporate profits and continued office-using job growth, that trend is expected to hold through the year as the recently approved tax cuts and expected gradual increases in interest rates make U.S. office and other institutional-grade property types an attractive place for investors to park capital and get cash flow. ”
Wellness Communities Could Be The Next Big Real Estate Trend, By Lara O’Keefe, Bisnow
“To help combat issues like obesity, loneliness and depression, which plague many American urbanites today, developers are taking the latest health and wellness trends to the next level by creating wellness communities. Atlanta’s 300-resident Serenbe community is one of the more popular communities in the country known for incorporating an organic farm, restaurants, a hotel, a spa, a bookstore and a farmers market within the complex. In addition, plenty of walking trails are lined with blueberry bushes to get people moving. Pinewood Forrest in Georgia focuses on connecting those in the arts community, and boasts buildings dedicated to professionals in the arts, media and entertainment industries.”
National Multifamily Outlook for 2018, By IvyLee Rosario, Commercial Property Executive
“Rents are forecasted to increase by 2 percent nationally over the next year, but growth will be moderate based on the increases in supply and the lack of affordable housing in high-cost metros.”
Future Of Malls? The Price For Overbuilding Is Coming Due, By Pamela Danziger, Forbes
“In the final analysis, malls have to adopt a whole new business model, one focused on the consumers and shoppers, not on stores and leasing spaces. The call is for mall operators to find new, different ways to engage customers. And that seems to be the sticking point. Mall operators must think about their businesses in new ways. Their primary job is not about real estate any longer, but transforming their business model to one focused on attracting shoppers so that they can then attract tenants, not the reverse as in the past.”
Retail Landlords Increasingly Look To Transit Hubs To Boost Traffic, By Lara O’Keefe, Bisnow
“Seeking a new way to transport retail from bankrupt to burgeoning, landlords are looking to transit hubs as a way to drive traffic.”
Atlanta’s Industrial Real Estate Riding Strongest Market in a Decade as Development Boom Continues, By American City Business Journals via National Real Estate Investor
“Driven by the e-commerce and distribution business boom, Atlanta’s industrial real estate sector finished 2017 with its best performance in a more than a decade, and experts are bullish on 2018.”