Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
Deloitte has recently released holiday sales projections for the retail sector, and the 2023 holiday season is poised to strengthen it further. According to Deloitte's annual holiday retail forecast, holiday retail sales are expected to increase between 3.5% and 4.6% in 2023.
In the October ICYMI, we share news on our upcoming virtual Fall Summit, highlight our nomination awards, showcase a few marketing releases and more!
Coldwell Banker Commercial, a leader in the Hawaii commercial real estate industry, is pleased to announce that it has been retained to exclusively provide leasing and property management services for Kukui Mall, located at 1819 S. Kihei Road on Maui.
In-person store visits substantially increased in the latter half of 2023, largely attributed to the phenomenon known as "revenge shopping." This concept captures people's enthusiasm for shopping, driven by the sense of deprivation they experienced during the pandemic.
The appeal of coworking is expanding, from entrepreneurs managing solo operations to large corporations investing in shared workspaces, and even college students are emerging as new users in coworking spaces near their campuses.
While some convenience stores still derive their revenue from gas and automotive services, others have repositioned themselves as destinations where patrons can enjoy specialty coffee, grab a quick dinner, or conveniently acquire a selection of grocery items on their way home from work.
Coldwell Banker Commercial Atlantic has been instrumental in the re-tenanting and remerchandising for the redeveloped of Montague Corners, formerly Oak Ridge Plaza, at 5060 Dorchester Rd. in North Charleston.
Coldwell Banker Commercial River Valley recently completed the $10 million sale of a three-story, 66,000-square-foot office building located off Interstate 90 in the La Crosse/Onalaska corridor of Wisconsin.
The modern retail landscape is undergoing significant transformations spurred by evolving consumer behaviors, technological advancements, and economic shifts. Looking ahead to 2023 and beyond, it is crucial to understand the four key themes shaping malls' future and their relevance.
The U.S. tax code has a number of specific provisions that relate to the needs of the commercial real estate investment community and cost segregation is one way to ensure that investors are reaping the tax advantages available for their properties.