Weekend Reading for the Commercial Real Estate Industry - November 22, 2019
Written by Brent Carnduff | November 22, 2019
Happy Friday! Here's what we're reading this week - enjoy!
- Grocery anchored retail remains popular
- Is industrial cooling down?
- Where are the talented workers moving to?
- Reducing retail rents to avoid empty spaces
- Record price paid for Starbucks
Grocery - Anchored Shopping Centers Remain the Safest Retail Bet by Liz Wolf on National Real Estate Investor
Grocery-anchored shopping centers remain a sweet spot for investors shopping for retail properties in an extremely volatile environment, and one in which overall retail transaction volume is down significantly.
Investors prefer assets anchored by grocers because they see them as less vulnerable to competition from e-commerce and a big traffic driver that benefits other tenants in their centers.
Are Industrial Fundamentals Beginning to Show Signs of Softness? by Sebastian Obando on National Real Estate Investor
While the industrial sector continues to be an investor favorite, there are increasing signs in the marketplace that it may be showing signs of cooling off.
Talent May Be Shifting Away from Superstar Cities by Richard Florida on CityLab
According to a new analysis, places away from the coasts in the Sunbelt and West are pulling ahead when it comes to attracting talented workers.
How Prevalent are Rent Renegotiations for Ailing Retailers? by Liz Wolf on National Real Estate Investor
Mall operators can either reduce rents and offer concessions to flailing retailers or face vacancies—unless they have other tenants ready to move into the space.
Investor Pays Top Dollar for Starbucks Property by Richard Lawson on LoopNet
Starbucks properties are among the most actively traded in the quick-service restaurant sector. The strong-performing chain makes them low-risk investments. But Starbucks also chooses well-located real estate, which stands a better chance of attracting a new tenant if the chain ever leaves the space.
A private investor found a California Starbucks property so enticing they paid one of the highest prices yet for free-standing real estate leased to the Seattle-based coffee chain.
Thanks for reading and Happy Thanksgiving! Check back every Friday for the latest edition of "Weekend Reading for CRE " or subscribe to our blog to receive it in your inbox automatically.
Read Past Editions
Weekend Reading for the Commercial Real Estate Industry - November 15, 2019
Weekend Reading for the Commercial Real Estate Industry - November 8, 2019
Weekend Reading for the Commercial Real Estate Industry - November 1, 2019
Weekend Reading Library (All Editions)