The Coldwell Banker Commercial® brand(CBC) is a worldwide leader in the commercial real estate industry, and is part of the oldest and most respected national real estate brand in the country, Coldwell Banker Real Estate. Coldwell Banker Commercial is an Anywhere (NYSE: HOUS) brand, a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services.
Coldwell Banker Commercial announced today that four of the brand’s brokerage professionals, Melina Kalachian, Alice Kulikowski, Alina Tan and Matt Vanvick, were awarded the Certified Commercial Investment Member (CCIM) designation by the CCIM Institute, one of the leading commercial real estate associations in the world.
Details from the survey on why consumers chose to shop in-store in the past 12 months include purchasing a product they needed immediately (61%), experiencing a product before buying it (55%), browsing and getting ideas (50%) and taking advantage of in-store sales/coupons (49%).
Despite rising popularity of online shopping, nearly all consumers (99%) shopped in a physical store in the past 12 months. New research surveying over 2,000 U.S. adults age 18+, commissioned by CBC and conducted online by The Harris Poll, assessed American preferences surrounding in-store shopping.
Growing up in a small town on the East Coast, the corner service station was a refuge where the neighborhood kids could congregate and chat over an ice-cold Coke. Our parents trusted the mechanics, the attendants filled their tanks, and everyone knew each other’s names.
Across the United States, there are a number of eyesores that are hard to miss. One of these is the abandonment of shopping malls and other huge “big box” stores that were once industry giants, such as Toys R Us. These types of abandoned buildings are the perfect visual representation of the current shift in the retail landscape.
As any commercial real estate professional will tell you, the industry has witnessed several changes, including economic impacts, industry trends, market challenges, and more. When looking at commercial real estate, it is crucial to focus on generational activity and lifestyle trends.
In today’s environment, many markets are experiencing rising downtown office vacancy and changing tenant preferences and demands. As such, landlords and building owners have to think outside the box regarding strategies they can implement to help fill space and keep their buildings occupied.
Watching the latest season of Stranger Things, one cannot help but reminisce about the mall in its glory days. In the 1980s, the mall did to Main Street what the internet has done to almost all brick-and-mortar. All too familiar eye-grabbing headlines have now become commonplace when reading about today’s retail climate.
This program, which focuses on certain low-income communities known as Opportunity Zones, is designed to help spur economic development and growth in otherwise distressed areas by enabling savvy real estate investors to delay taxation on capital gains until December 31, 2026.
These days, we’re expected to be constantly connected to our office and projects, and the number of remote workers is increasing. Therefore, staying connected to our “desks” while we’re on the go or working away from the traditional office space is ultra-important.