Archives - Viewpoints - Coldwell Banker Commercial

May 16, 2024

The Trend Report: Spring 2024

REINVENTING THE RESTAURANT Amid Changing Consumer Trends. Not quite a full-service dining experience, but a step above typical fast food, the quick service restaurant (QSR) has fi lled a critical niche for consumers who seek a reasonably priced meal out or to take home.

May 15, 2024

The Future of Office: A Look at the Rise of Remote Work & the Evolution of Employee Demands

Host Dan Spiegel, SVP and Managing Director of Coldwell Banker Commercial, is joined by Kate Lister, President of Global Workplace Analytics to discuss the future of office following the COVID-19 pandemic and how the rise in remote work has shifted employee demands. They cover strategies for employee retention in an ever-changing office landscape, and provide valuable insights into more effective workplace practices, shedding light on key offerings and amenities building owners must consider when it comes to meeting market demands.

Sublease Space is Increasing in Office and Industrial Sectors

May 15, 2024

The Rise in Sublease Space: Insights from the Office and Industrial Real Estate Sectors

Leasing, particularly in the office and industrial sectors, has experienced significant shifts in the last two years. These shifts have largely been driven by economic uncertainty, record-high rents, and macro changes in the way people shop and work.

May 14, 2024

In Case You Missed It: April 2024 Recap

In the April ICYMI, we highlight professional and company growth, share details on the ICSC Vegas event, feature some exciting new brand claims and more!

Podcast on trends shaping the Mountain States Market.

May 14, 2024

Market Tales With Brandon Schuette

Ashley Wilson, National Account Manager, is joined by Brandon Schuette, managing director at CBC Prime Properties. Brandon manages operations in six of the mountain states and shares his view of current trends shaping those markets.

Looking over a Shopping Cart at an Aisle in the Store

May 3, 2024

2024 Consumer Trends Impacting Retail

Thanks to COVID and inflation, retail has undergone significant transformations over the last few years, impacting consumer preferences and behaviors. Whether it is dining or shopping trends, the retail landscape is constantly evolving, that has been especially true in 2024. Placer.ai recently published a white paper titled, 'Meeting 2024’s Consumer,' that explores consumer trends and behaviors in 2024 and how that is impacting retail overall.One particular trend that stood out in this report amidst the tumultuous retail landscape has been the rise of Discount & Dollar Stores. Pre-pandemic expansion initiatives by industry leaders, like Dollar General and Dollar Tree, laid a strong foundation, positioning these essential retailers as an affordable and reliable option during the initial stages of lockdowns. While Discount & Dollar Stores were expanding their presence throughout the US, these retailers also diversified their food and drink offerings to grocery shoppers during peak stay-at-home orders. The expansion of the physical footprint of Discount & Dollar Stores, the grocery selection, and affordable prices suddenly put them in direct competition with Grocery & Superstores. Although visits to Grocery Stores and Superstores significantly outnumber visits to Discount & Dollar Stores, the rise in popularity should not be ignored. While Discount & Dollar Stores continue to rise in popularity, the Superstore sector is forced to navigate shifting consumer preferences and behaviors. For example, with products like the Stanley Cup going viral online, Target made the decision to venture into sports merchandise with the Stanley Cup partnership, underscoring a nuanced understanding of consumer desires and trends that extend beyond the realm of essentials. Similarly, the allure of Costco and other membership clubs among affluent demographics highlights a burgeoning demand for premium offerings amidst a landscape dominated by budget-conscious consumers.As you can see in the chart below, Costco and Target dominate the competition in the Superstore space, attracting the most affluent clientele, despite inflation and high costs of living. The success of these retail giants not only signals the presence of a consumer base willing to shop beyond basic necessities but also underscores these retailers' ability to stay adaptive and agile in an ever-changing landscape. Costco's ability to offer both premium options and affordability through bulk purchasing creates a unique capability to cater to the needs of a diverse audience, straddling the middle ground between budget-conscious shoppers and consumers who are willing to spend more on high-end foods, drinks, and products. In essence, it showcases their capacity to effectively navigate the nuances of consumer preferences, thus solidifying their position as leaders in the retail landscape.For investors, staying attuned to these shifts isn't just about chasing the latest trends; it's about recognizing the underlying currents that drive consumer decision-making. By deciphering the evolving preferences and spending patterns of consumers, investors can identify lucrative opportunities and allocate capital strategically. Whether it's recognizing the resilience of Discount & Dollar Stores amidst economic uncertainties or discerning the growth trajectory of niche segments within the Superstore domain, these insights aim to guide investors towards informed investment decisions based on consumer patterns.

Two Professionals Outside an Apartment Complex

May 3, 2024

Coldwell Banker Commercial Realty Helps Investor Close $2.7m Purchase of 22-Unit Lakeside Apartment Complex in Winter Haven, Fla

Coldwell Banker Commercial Realty is pleased to announce the $2.7 million sale of 207 NW Lake Silver Drive, a 22-unit multifamily apartment complex along picturesque Lake Silver in Winter Haven.

Apr 16, 2024

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