Colliers International Relocates New Commercial Real Estate Office to Downtown Spartanburg
Downtown Spartanburg has seen an influx of new tenants this year, and Colliers’ Spartanburg team of brokers will be the latest to join this trend in mid-November. Passersby will soon notice the blue Colliers sign being installed on the corner of Main and Wall Street, with increased traffic to the building predicted to follow shortly…
A Guide to the Impact of the Mid-Term Elections on Commercial Real Estate
At GroundBreak Carolinas, we are committed to providing the best insight and perspectives on the design, construction and commercial real estate industries in the Carolinas. Commercial real estate firm Jones Lang Lasalle recently released a report on the implications of the mid-term elections on the commercial real estate industry. As a result of the U.S….
Armada Hoffler Properties Announces Investment in New Development Project in Charleston, SC
Armada Hoffler Properties, Inc. (NYSE: AHH) announced today that it will invest in Nexton Square, a new open-air lifestyle center currently under construction in Summerville, South Carolina. Located at the entrance to a new 4,500 acre master-planned community, Nexton Square will serve as the retail gateway to over 10,000 new single-family and multifamily residential units…
Spectrum Cos. Partners with Invesco Real Estate for Charlotte Mixed-use Project
The Spectrum Companies announced its partnership with an institutional client of Invesco Real Estate, a global real estate investment manager, for the development of a mixed-use project including office, retail and a hotel on a prime 5-acre tract linking Charlotte’s South End with its Uptown business district. Located on South Tryon Street at Carson Boulevard,…
The Office Property and Big Data Puzzle: Putting the Pieces Together
A new white paper published by the NAIOP Research Foundation offers insight into the usages and challenges of big data in commercial real estate, particularly in the office sector where the data’s usefulness can be used to both improve a building’s operational efficiencies and attract and retain tenants. The study, “The Office Property and Big…
Industrial Space Demand Forecast, Third Quarter 2018
Robust Economy Means Increased Industrial Demand Download the NAIOP Industrial Space Demand Forecast, Third Quarter 2018 Report. The forecast for demand for industrial space has risen because of increased expectations of broad macroeconomic growth and job generation for the remainder of 2018 and 2019. According to Dr. Hany Guirguis of Manhattan College and Dr. Joshua…
ARCO Design/Build Expands National Presence Announcing a New Charlotte Regional Office
ARCO Design/Build announced expansion of their national presence with the forthcoming opening of their Charlotte, NC office. The Charlotte based regional office will support industrial construction projects and clients based within North Carolina and South Carolina. Named as one of the “Top 15 Design-Build Firms” in 2018 by the Engineering News-Record, ARCO Design/Build specializes in…
‘101 Ways to Build Smarter’ eBook, Featuring Ideas from Skender, Corporate Real Estate Executives and Developers to Offset Rapidly Escalating Construction Prices
Construction costs have been consistently rising just when the industry can least afford it. Today, a new report from Skender offers “101 Ways to Build Smarter.” The 18-page eBook, available for download at www.skender.com/buildsmarter/, is a resource filled with quality-enhancing and value-optimizing possibilities for building owners, developers, architects, brokers, contractors, corporate real estate and workplace…
Office Market Conundrum: Improving Economic Indicators Amidst Minimal Absorption
NAIOP Office Space Demand Forecast Q2 2018 Download the NAIOP Office Space Demand Forecast, Second Quarter 2018 Report. The U.S. office markets averaged just 4.4 million square feet of positive net absorption over the past two quarters; specifically, 7.4 million square feet were absorbed in the fourth quarter of 2017 and just 1.3 million square…
NAIOP CRE Sentiment Index: U.S. Commercial Real Estate Outlook is Positive, Bolstered by Confidence in Employment, Debt/Equity Availability
NAIOP, the Commercial Real Estate Development Association, has released the NAIOP CRE Sentiment Index for Spring 2018, a composite of nine survey questions that represents the outlook of commercial real estate developers, owners and investors. NAIOP Sentiment Index The Index of 0.46 indicates that respondents believe, as a group, that overall market conditions 12 months…
