Cinema CRE Is Getting A Sequel
Since the global pandemic led to an unexpected shift in revenue and in the way average people choose to spend their money, the movie industry has struggled mightily to recover. Per the Hollywood Reporter, the US has lost approximately 2,165 theater screens (or around 5% total) since 2019 within exhibitor locations, and nationwide, the largest […]
Spring Office Utilization is Growing: What is the Future of Remote Work?
In the beginning of Spring 2023, commercial real estate analysts like Businesswire reported massive increases in demand for office space. Nationally, there was a month-over-month increase from February to March of 31.3 percent, and key cities saw even higher numbers, such as San Francisco’s eye-popping 69 percent month-over-month increase. Still, much of the conversation surrounding […]
5 Ways To Prioritize Parking Lot Maintenance For Commercial Properties
Attracting and retaining high caliber tenants is the primary goal for every successful commercial property owner. But for these owners and their property managers, their additional responsibility to keep visitors and occupants safe necessitates an emphasis on maintenance. Increasingly, drivers are adopting risky driving habits within parking lots which are made even more dangerous by […]