Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
The transformation of retail spaces into industrial warehouses and logistics hubs is a significant trend in commercial real estate, driven by the e-commerce boom and the need for efficient last-mile delivery. This shift is revitalizing underutilized malls and big-box stores, offering prime locations, existing infrastructure, and faster market entry for developers and investors.
What does it take to build a successful career in commercial real estate? In this episode, we talk with Kristin Cerutti, regional design leader at Nelson Worldwide, about her journey into CRE and the diverse ways women can make an impact in the industry. Kristin opens up about the importance of mentorship, leadership, and creating opportunities for growth. Whether you’re new to CRE or a seasoned pro, this conversation will leave you inspired to lead and thrive.
Adaptive reuse is revolutionizing commercial real estate (CRE) by transforming vacant buildings into modern, functional spaces like residential units and mixed-use complexes. Driven by sustainability, economic incentives, and shifting market demands, this trend reduces construction waste, revitalizes urban areas, and enhances community vibrancy, despite challenges like zoning regulations.
Coldwell Banker Commercial Devonshire Realty has announced the $11.5 million sale of a 182,084-square-foot warehouse in Champaign, Illinois. Represented by AJ Thoma III, the property, intended for use by an agricultural chemical company, successfully closed after navigating tenant relocation delays and a period of vacancy.
Coldwell Banker Commercial Realty has announced the $21 million sale of Coventry Square Apartments in Upland, California. Represented by Endri Hoxha and Philip Batlin, the off-market transaction highlights MJW Investments' commitment to value-add opportunities, while the sellers, represented by Sarah Hillhouse, were impressed by the smooth and professional process.
Coldwell Banker Realty has announced the $3.3 million sale of a five-acre parcel on SW 328th Street in Homestead, Florida, set to be rezoned for light industrial use. Represented by Marvin Arrieta, the property offers prime development potential near the Homestead Park of Commerce and major companies like Amazon.
From the music industry to CRE, Linda Martinez shares her unique journey and the importance of saying yes to opportunity. She discusses the current trends shaping the Huntington Beach market, and her specialization in fast food and restaurant development. Linda shares valuable insights on winning business through personalized marketing strategies and discusses the future of commercial real estate, emphasizing the importance of community needs and adaptive reuse. The conversation concludes with networking tips drawn from Linda's experiences in the music industry.
The rising costs in primary markets like New York and Los Angeles are driving investors to explore secondary and tertiary markets such as Nashville, Raleigh-Durham, and Boise. These markets offer affordability, economic incentives, and improved infrastructure, making them attractive for commercial real estate investments and supporting long-term growth.
Commercial real estate faced significant challenges in early 2024 due to delayed interest rate cuts, election uncertainty, inflation, and stricter lending standards. However, with recent rate cuts and legislative clarity, investors are optimistic about a more business-friendly environment in 2025, anticipating recovering rent growth and demand for commercial properties as economic fundamentals stabilize.
The ICSC Red River event in Dallas, TX, brought together over 4,000 industry professionals for two days of learning, networking, and dealmaking. Coldwell Banker Commercial® was proud to exhibit, facilitating valuable client meetings and forging new connections, with attendees highlighting the event's impact on sparking new ideas and shaping future relationships.