Weekend Reading for the Commercial Real Estate Industry - August 23, 2019
Written by Brent Carnduff | August 23, 2019
This week: Preparing for WeWork's IPO, continued strength in secondary markets, retail and office numbers looking good, and Food Hall's may be coming to a suburb near you. Enjoy!
WeWork IPO Shows It's the Most Magical Unicorn by Shira Ovide on National Real Estate Investor
WeWork is an office subleasing company on steroids, with a complicated corporate structure topped by a single person, Chief Executive Officer Adam Neumann, who has unusual measures of control or influence over the company.
Secondary Markets are Becoming First-Choice Investments by Keith Pierce on CCIM
Regarding locations, both U.S.-based and international investors are taking another look at second-tier markets such as Atlanta, Dallas, and Phoenix - thriving Sunbelt cities with strong population and job growth, but without the same level of price appreciation as Boston, San Francisco, or Washington, D.C.
U.S. retail property fundamentals strengthened in the second quarter, thanks in part to improved consumer sentiment and to retailers’ robust expansion plans, according to a report from CBRE.
2019 is "The Year of the Food Hall" on Mile High CRE
At a time when headlines about the retail sector remain dominated by stories of closures and bankruptcies, food halls have emerged as one of the hottest growth trends — spurring real estate trade journal Globe Street to declare 2019 as “The Year of the Food Hall.” But what began as a trend that was largely relegated to just a few markets has since exploded.
Apartment Occupancy Rate Hits a New High by Bendix Anderson on National Real Estate Investor
Despite more than a decade of strong growth under its belt, the apartment sector occupancy rate continues to hit new highs.
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