Some of the largest companies in America are swapping their suburban campuses for downtown office space, betting that such a move will help them recruit new employees.
Commercial real estate leasing patterns are showing growth, and national vacancy rates are projected to decline in 2014. Take a look at NAR's data on office, industrial, retail and multifamily markets.
Since the beginning of 2012, suburban markets have accounted for 87 percent of office demand. That follows vacancy rates in some areas of the country that spiked above 30 percent during the recession.
Commercial practitioners are right to be frustrated, NAR Chief Economist Lawrence Yun said at the REALTORS® Conference & Expo.
SAN FRANCISCO (November 8, 2013) – After several years of slow-moving growth the commercial real estate market is in a recovery mode as transaction volume increased 27 percent over a year ago and prices display solid gains, said National Association of Realtors® Chief Economist Lawrence Yun during a commercial real estate forum at the 2013 REALTORS® Conference & Expo in San Francisco today.
While the overall commercial sector appears to be improving, Yun said this isn’t the case in all parts of the market... Read More
Momentum in the commercial market continues. NAR Treasurer Bill Armstrong shares the latest commercial real estate data from NAR and highlights policy wins and more in the latest commercial podcast.
Developers are increasingly eyeing the conversion of office buildings into condominiums to meet the growing demand for urban residential space.
Discover a special collection of eBooks in the Library on getting a foothold in the commercial real estate market.
Many U.S. banks are starting to see new growth in commercial property loans, according to research from SNL Financial.
Host Alex Ruggieri's guest in this podcast is CCIM President Wayne D'Amico. Ruggieri and D'Amico discuss the Certified Commercial Investment Member Institute and how it has presented opportunities and helped them in their respective careers.
Empty strip malls continue to plague U.S. shopping centers, as the sector struggles with oversupply from last decade's housing boom, according to a new report.
One commercial real estate commentator gives three reasons why current market conditions are pointing some businesses toward buying, rather than leasing, space.
Realtors Property Resource® (RPR®) tells the story of a home, neighborhood or city — beyond the listing — by compiling all the info revolving around subject parcel from the web into one, easy to use system that conveys the information in an agent/brokerage-centric and brandable way. It's that information that's essential in the home... Read More
Download the full Commercial Meetings and Events at 2013 Conference & Expo schedule (PDF: 190 KB)
08:00 AM - 12:30 PM
Smart Growth for the 21st Century (Advance Enrollment Required)
12:30 PM - 2:00 PM
Commercial Legislation & Regulatory Advisory... Read More
Michael Bull, CCIM, hosts the nationally syndicated "Commercial Real Estate Show," owns Bull Realty in Atlanta, and travels the country to discuss marketing strategies with other commercial practitioners. On this edition of the Commercial Connections Podcast, host Alex Ruggieri speaks to his fellow CCIM about whether it's best for a business to buy or rent in various situations, as well as how REALTORS® can help their clients in the process.
Years: 2007 – 2013
Total: 12 grants totaling $76,250
Association: Montgomery Area Association of REALTORS®, AL
Funding Amount: $3,000
Purpose: Support participation in a transportation conference that will help to educate members on how transportation effects housing and commercial development.
Association:... Read More
Good communities are good business. As a commercial real estate professional, taking an active role in making a community a better place will benefit you, your public image, and your bottom line.
NAR has Community Outreach Programs available to help you and your local association get more involved in your community.
- Preserve & Expand Housing for the Workforce – Multifamily Development, Housing Fairs &... Read More
After gross domestic product revisions, business spending shows growing confidence in the first half of the year. The first quarter spending was down 4.6 percent, with a decline driven by a 25.7 percent drop in spending on commercial structures. However, the second quarter posted a much better performance, with an annual growth rate of 4.6 percent. Spending on commercial buildings rose 6.8 percent. Businesses also increased their spending on information processing and transportation equipment by 11.4 percent and 5.5 percent, respectively. The new component of business spending—... Read More
The apartment and condo markets continue to gain momentum as rising demand from a large generation of young professionals strengthens.