Weekend Reading for the Commercial Real Estate Industry - January 31, 2020
Written by Brent Carnduff | January 31, 2020
Happy Friday! Today, the last day of January 2020, we're reading about:
- Online brands ready to move into the offline world
- The parking lot challenge facing commercial real estate developers
- Restaurants adapting to today's clientele
- The packed multifamily pipeline
- The latest from WeWork
Nearly 30 Online Brands that are Geared Up for Offline Growth by Brannon Boswell on ICSC
Digitally native and direct-to-consumer retail startup brands are a good source of tenants for shopping centers.
Multifamily Developers Find Less Space for Parking. What It Might Mean for Pricing by Bendix Anderson on National Real Estate Investor
This is not an issue restricted to multifamily. Planning for today's parking needs, while anticipating changes in the future, has become a challenge across the commercial real estate industry.
Developers can often save millions of dollars if they build fewer parking spaces. But they also risk losing potential residents if they fail to build enough parking spaces to satisfy their residents.
4 Restaurant Chains that are Opening Spinoffs for Faster Dining by Amelia Lucas on CNBC
The changes going on in the restaurant industry are a reflection of the changing demands of the consumer and can be viewed as a microcosm of the retail industry as a whole.
Fast-casual restaurant chains like Chipotle Mexican Grill and Sweetgreen have been stealing customers from full-service restaurant chains like Outback Steakhouse and IHOP. To fight back, some casual dining chains have been launching spinoff restaurants that copy that business model.
Multifamily Faces a Packed Development Pipeline by Bendix Anderson on National Real Estate Investor
Apartment developers have not been shy about bringing new product to market in recent years. And early indications are that 2020 will be another boffo year. The question is after several big years of hefty additions whether the market can digest the units that are in the works.
Bye Bye, Booze: WeWork Killing Kegs at North American Locations by Ethan Rothstein on Bisnow
Wow, who could have foreseen that this was a bad idea?
Alcohol was once a pillar of WeWork's identity, from bottomless-drink member parties to CEO Adam Neumann's infamous penchant for shots of tequila. The beer and wine taps are expected to be replaced with nonalcoholic options, rather than removed.
Read Past Editions
Weekend Reading for the Commercial Real Estate Industry - January 24, 2020
Weekend Reading for the Commercial Real Estate Industry - January 17, 2019
Weekend Reading for the Commercial Real Estate Industry - January 10, 2020
Weekend Reading Library (All Editions)