Corfac News

12 062013

I was able to sit in on a great conversation last week on the state of retail.  A group of CORFAC brokers met via webinar to discuss their markets, trends, and up and coming businesses.  During the discussion, a couple of interesting articles came up.  Here are a few items the group discussed.

Restaurants, Luxury Tenants are Once Again in Expansion Mode
This is an interesting article from National Real Estate Investor.  How does your market match up?

The High Streets Hit New Highs
Northeast Real Estate Business breaks down rates in a couple of Manhattan submarkets.  This is a great read for anyone not in New York – one of the biggest retail markets in the world.

10 trends changing the course of the retail industry
Jones Lang Lasalle gives a look at how the industry might change.  This is interesting in light of other economic forecasts, like the one Chris Lee gave CORFAC in Las Vegas.  What do you think of these trends?

CORFAC members can log-in and listen to a recording of the call:  The group will meet again in August. Post a comment or let Connie Boyle of Andover Company/CORFAC International know if you have a topic you would like to discuss.

Locally Owned. Globally Connected

CORFAC International is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC has 49 offices in the U.S., 5 in Canada and 17 in international markets, including Australia, Colombia, France, Germany, Ireland, Israel, Italy, Japan, Mexico, Romania, Russia, South Korea, Switzerland and the United Kingdom. CORFAC offices completed more than 10,000 lease and sales transactions totaling 620 million square feet of space valued in excess of $8.2 billion in 2018.