Authors:Monty Turner, Colliers Site Selection and Economic Incentives Practice Group LeaderDon Moss, Colliers Industrial Service and Economic Incentives Practice Group In the landscape of incentives, 2023 marked an intriguing chapter characterized by shifts in investment patterns and job creation dynamics. In this new blog series, professionals can gain valuable insights into the state of economic […]
Manufacturing construction spending has never been higher, and job announcements and employment are following suit. Colliers is tracking 44 manufacturing projects with an investment of $1 billion or greater, that are under construction or planned nationwide. Most projects are semiconductor or EV battery facilities in response to 2022’s CHIPS Act. These developments are distributed across […]
Authors: Patrich Jett, SIOR – Senior Vice President, Automotive Practice Group LeaderMonty Turner – Senior Vice President, Principal Site Selection Services, Economic Incentives Practice Group LeaderJonathan Koes – Research Manager As Electric Vehicle (EV), battery, and subsequent supplier projects continue on an upward trajectory, the importance of strategic site selection has never been more critical, […]
Colliers Capital Markets recently sat down with Tim Betjemann, Geographic Discipline Leader, Colliers Project Leaders, to discuss innovations in workplace design and build-out construction trends. Colliers Capital Markets (CCM): What are companies doing with their space today? Tim Betjemann (TB): Companies are giving people a reason to come back to the office. They […]
Co-authored-by Jacob Pavlik, Research Manager | Seattle/Bellevue, and John Scott, Managing Director | Florida, REMS. Electric Vehicles (EVs) on American roads are becoming more and more common. As more drivers ditch the gas stations and switch to electric, there will be pressure on the places they park to provide a charging station. Landlords are responsible for […]
Groundbreaking healthcare innovations have been reshaping patient care, treatment methodologies, and even the infrastructure of healthcare facilities. Among the notable advancements, Ozempic emerges as a game-changer: it’s reported that in the last three years, prescriptions increased 300% for Ozempic and similar weight loss drugs. The growing demand for medical services associated with Ozempic, including consultations, […]
The MBA’s latest loan maturity report drove headlines across the industry. A total of $929 billion in loan balances, or one-fifth of outstanding commercial real estate debt, is due to mature this year. This figure is much higher than estimates from sources like Trepp, which is tracking $544 billion. Between 2024 and 2028, aggregate totals […]
To close out Women’s History Month, Anjee Solanki interviews Jazmen Johnson, Vice President, Diversity, Equity & Inclusion, ICSC, to discuss CRE career pathing and how DEI best practices can advance the industry into the 21st century. Jazmen Johnson has strengthened diversity and inclusion efforts across the commercial real estate industry. One of her crowning achievements […]
The landscape of behavioral health care is evolving rapidly, with an increasing demand for parity between mental and physical health services. Statistics from Axios reveal that 9 in 10 Americans advocate for health insurers to cover mental healthcare on par with physical healthcare. The intersection of behavioral health and real estate presents unique opportunities to […]
OfficeOffice volume fell in February at a 62% pace from a year ago, after months of mostly flat to slightly increased volume. CBD sales were quite limited, with monthly volume in line with 2009 levels. One of the largest deals of the month was CoStar Group’s acquisition of 1201 Wilson Blvd., a 521,000 SF property […]
In the second episode of CRE: Industries Revealed, Anjee Solanki talks to Rick Kingery, Senior Vice President and Leader of Colliers’ Food & Beverage Practice Group. The group provides a full-scope real estate team dedicated to the needs of businesses involved in the production and distribution of food with team members who specialize in capital […]
At Colliers, we understand the importance of interconnected data, macroeconomic trends, and anecdotes in real estate decisions. With that in mind, here are 10 numbers and trends that have recently caught our attention: Trepp reported that office loans sent to special servicing experienced a value loss exceeding 50%. Business Insider noted that 28 regional and […]
U.S. Hospitality operating performance indicators provided mixed signals in Q4 2023 on a year-on-year basis. The Average Daily Rate (ADR) and Revenue Per Available Room (RevPAR) experienced marginal growth of 2.9% and 1.3% respectively. Meanwhile, quarterly occupancy rates fell 160 basis points when compared to the same period a year prior. The final quarter of […]
In 2024, our industrial capital markets experts anticipate an ever-evolving real estate landscape. They foresee an active market shaped by strategic factors like interest rate fluctuations, market dynamics, and a diverse range of investable assets. Explore their insights into capital evaluation, investor sentiment, and regional market trends across the Southeast, West, Midwest, and Northeast regions. […]
This series has explored the macro shifts underway in the global economic landscape, with a particular focus on the resurgence of manufacturing and the evolving dynamics in commercial real estate. In this final installment, I’ll delve into the implications of reshoring and some critical considerations to help corporations and investors strategically position themselves for success […]
Co-authored-by Craig Hurvitz, Director, National Industrial Research | U.S. Warehouse and distribution rental rates increased by an average of 55% nationwide over the past three years, primarily in 2022 and 2023. While rent growth slowed slightly during the second half of last year, it varied greatly by market and even submarket. Rising vacancy rates and increased […]
Biometric systems are making their way into the retail space and are gaining popularity as an authentication method for digital features online and in-store. As retailers enhance the customers’ seamless shopping experience, using facial recognition or fingerprints has expedited their transactions. Apple’s release of fingerprint recognition in the iPhone 5S in 2013 and Face ID […]
The COVID-19 pandemic accentuated the vulnerabilities of global supply chains, especially in critical sectors like healthcare. As the world grappled with shortages of essential medical supplies, the need to reassess and strengthen the healthcare supply chain became increasingly apparent. Early in 2023, about 93% of provider executives report they are still experiencing product shortages according […]
OfficeOffice volume may be finding a bottom, at least when looking at year-over-year changes. With $2.9 billion trading in January, volume was off 15% from last year. This trend follows a December where volume was down 6%, a substantial improvement from the rates seen earlier in 2023. The largest transaction of the month was Boston […]