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In this segment from BD+C 's The Weekly show, Brad Hunter, Managing Director with RCLCO Real Estate Advisors, talks about the short- and long-term market forecast for several key commercial building sectors, including hospitality, industrial, office, retail, and rental housing.
That’s why thousands of contractors across the globe rely on Viewpoint every day to connect their office, team and field operations, improve collaboration and productivity and significantly boost profit margins. In 2017 alone, Viewpoint issued more than 50 releases and updates across our office, team and field products. Get in touch.
Macro Forecast, Look Through the Snow at the Fundamentals. Highlights on the commercial real estate sector include: Office: The office sector is evolving. In addition to divergences in building demand, office tenants are also downsizing. E-commerce sales currently comprise just under 6% of total retail sales.
It’s called ‘construction forecasting’. Construction forecasting is not unlike predicting the stock market—anything under the sun can affect it. With the right know-how, the right applications and an analytical mind, a good forecaster can not only extrapolate the patterns, but explain them. Forecasters can also work backwards.
I looked all over for some positive construction industry forecasts for 2012 and well, I didn’t really find any. As companies hire more people they are going to need more office space to work and more hotels for travel. As consumers make more money they’ll need more retail space for shopping and bowling alleys etc.
The better your inventory records are, the easier this process — and the more accurate your demand forecasting—will be. During these global audits, you may notice other inefficiencies in your business, whether in shipping, in receiving, in your administrative office, or on the jobsite. And it’s not just the supply chain, either.
Retail accounts for more than $2 trillion in total GDP impact with consumer spending accounting for more than two-thirds of the U.S. The Tarpon Point Resort at Marina Village is home to a number of upscale retail shops and restaurants. By the BF Staff From the March/April 2016 Issue. Credit: City of Cape Coral). percent.
It’s called ‘construction forecasting’. Construction forecasting is not unlike predicting the stock market—anything under the sun can affect it. With the right know-how, the right applications and an analytical mind, a good forecaster can not only extrapolate the patterns, but explain them. Forecasters can also work backwards.
Commercial property transaction volume is expected to decline over the next three years to $475 billion in 2018, according to a new three-year economic forecast from the Urban Land Institute (ULI) Center for Capital Markets and Real Estate. percent for retail up to 4.0 percent for office and 4.5 percent for retail to 3.0
Commercial real estate investments are expected to produce generally solid returns in 2014, according to the authors of Expectations & Market Realities in Real Estate 2014—The Future Unfolds , an annual forecast report released by Real Estate Research Corporation (RERC), Deloitte, and the National Association of REALTORS® (NAR).
The AIA last week put out a press release spotlighting its semi-annual Consensus Construction Forecast, a survey of the "nation's leading construction forecasters" that includes the outlook for the second half along with a prognosis for 2009. The Forecast calls for a 1.2% downturn in 2009.
For the coming year, the American Institute of Architects semi-annual Consensus Construction Forecast is projecting growth in overall nonresidential building spending of almost 6 percent, just below the pace of growth for 2016.
Buildings with retail stores on the ground floor and apartments or condominiums above similar to the one shown below. There were fewer burned out plumbers, rework and repairs dropped significantly and everyone was much happier, especially the company officers and owners because the bottom line profits were amazing.
real estate recovery is expanding beyond the traditional investment hubs,” said ULI Chief Executive Officer Patrick L. The report forecasts a modest increase in the short term, but does not expect a small increase to cause a major disruption to the recovery. The post U.S.
A comprehensive construction market size report typically includes data on market growth rates, trends, and forecasts over several years. Commercial Construction: Includes offices, hotels, retail spaces, and other commercial buildings. Industrial Construction: Covers factories, warehouses, and distribution centers.
According to the Florida & Metro Forecast 2013–2016 , published in April by the Institute for Economic Competitiveness (College of Business Administration, University of Central Florida), Florida’s economic future also looks bright. percent in 2012, retail sales will grow at an average pace of 3.7 By Dominique Cantelme. percent).”.
economy into its worst quarter since the Great Depression, with unprecedented declines in gross domestic product, employment, consumer confidence, retail spending, and just about every other metric. . . His team regularly examines financial scenarios to forecast what the numbers could look like should sales decline by 10%, 20%, and so on.
In 2016, global prime rents across the three major property types—office, industrial and retail—are expected to grow 2.2 Rents in EMEA are forecast to rise by 3.2 and European office markets are expected to tighten further in 2016 as demand for space is expected to outpace limited new development.
Due to its rapid growth, the Cape Coral Economic Development Office (EDO) team is recruiting select business sectors to create a rich and diverse business environment. This key amenity is a boon to homeowners and business owners in several sectors: services, products and supplies, retail and manufacturing.
The forecasted 2025 electricity production mix: 42 percent nuclear, 46 percent renewables, and 12 percent natural gas. Ontario is aiming to use Demand Response (DR) to meet 10% of peak demand by 2025, equivalent to approximately 2,400 megawatts (MW) under forecast conditions.
The REMC meets regularly with Hoosier Energy for load forecasting to plan for the growing community that currently has 2 million square feet of new industrial, warehousing and distribution space available for relocating and expanding businesses. Among major announcements was an expansion by Cummins for their high-horsepower engines.
Labor Department forecasts that truck drivers will account for 43 percent of the growth in logistics jobs in the coming years. The 24th Annual State of Logistics Report predicts a continuing plague of overcapacity and rate problems for ocean carriers due to optimistic economic forecasts that led to companies expanding their fleets.
Economic growth in the United States will continue in 2013, according to purchasing and supply management executives in the December 2012 Semiannual Economic Forecast. These projections are part of the forecast issued by the Business Survey Committee of the Institute for Supply Management ™ (ISM). percent reported in April 2012.
Economic growth in the United States will continue in 2013, according to purchasing and supply management executives in the December 2012 Semiannual Economic Forecast. These projections are part of the forecast issued by the Business Survey Committee of the Institute for Supply Management ™ (ISM). percent reported in April 2012.
The excellent support we have received from Bay County EDA, Governor Rick Scott’s office, higher educational partners and The St. The company’s chief executive officer Ann Rabbani indicated to the state the firm looked at relocating to Orangeburg, NY to consolidate its growing operations. Peoria 101 Office Park.
Navagant Research forecasts that the global SGaaS market, estimated at $1.7 Companies that manufacture or produce a product in New Mexico, non-retail service companies that export a substantial percentage of services out of state (50 percent+ of revenues and/or customer base) and certain green industries are eligible.
The industrial real estate sector continues to benefit from many of the technology-driven shifts that are challenging the retail and office sectors, such as rising consumer dependence on e-commerce and mounting demand for data centers to support cloud computing, according to the latest U.S. Industrial Market Outlook report from Ten-X.
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