Author: Alex Musetti
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The Covid Year & its Effects on the Commercial Real Estate Market
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Commercial real estate trends are not absolute–and they’re not necessarily exactly the same in all markets or submarkets. However, general trends matter when predicting what the future holds, even when these trends seem to be changing weekly in response to vaccination levels and the easing of government restrictions. That being said, for several decades…
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It is widely accepted that the commercial real estate market, as a whole, has taken a hit during Covid 19. Restaurants and brick-and-mortar shops have faced the worst of it as retail properties everywhere shut down. Office buildings have not fared much better as most companies sent their employees to work from home. The drop in demand for those two…
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Anyone reading this understands that 2020 was one of the most volatile and difficult years in our lifetime. With that, the commercial real estate market and industry has become one of the most affected industries by the COVID-19 pandemic. However, 2020 did not affect all commercial real estate categories in the same way. The industrial sector of the economy has…
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Now that we are a full two quarters deep into the global recession caused by the COVID-19 virus, the effects of the pandemic are becoming crystal clear as to how it’s affecting the commercial real estate industry. Certainly, everyone understands that the retail, hospitality, travel and leisure and entertainment industry categories are completely distressed, to the extent that tens of…
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As corporate real estate advisors, we help businesses make the best possible real estate decisions they can and, for some companies, purchasing commercial real estate in lieu of leasing makes a lot of sense. For those businesses, it’s not only important to identify the right property, but to understand all of the financing options available to them so they can…
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Hughes Marino has, since its inception, believed in educating our clients and informing them of all of their real estate options. Depending on the circumstances, the best option may be to lease space, purchase a building, or construct their own space from scratch. During the complex process, our clients may have lease audit concerns, construction management issues, and in many…
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It should come as no surprise that the internet is one of the most widely used tools for searching for real estate. Companies like Zillow have secured real estate’s foothold on internet search patterns and consumers are usually better off for it. What is less understood is how companies use the internet to aid them in their corporate real estate…
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Since 2008 the conversations taking place in economics, politics, and media have primarily focused on the global recession and, more specifically, dismal unemployment rates. For this reason it can be difficult to think about signs pointing to an approaching workforce deficit as an actual concern. However, organizations from Stanford University to Kelly Services all agree that the data suggest highly…