Fall 2019 Thought Leadership Series: Delaware Retail Market Analysis
In Delaware, the lack of a retail sales tax is resulting in prospering malls, increasing Big Box development and the growth of mixed-use properties. Joe Latina of Patterson-Woods Commercial Properties, Inc./CORFAC International in Wilmington breaks down the region's hottest commercial real estate retail market property trends. https://www.youtube.com/watch?v=40w_WFINN8w Learn more about Patterson-Woods Commercial Properties, Inc./CORFAC International.
Fall 2019 Thought Leadership Series: Los Angeles Industrial Trends
In markets like Los Angeles where supply is very tight, users, owners, tenants and landlords alike must think ahead to ensure their space needs are met. Frank Schulz III, SIOR, of The Klabin Company/CORFAC International, which serves the greater Los Angeles commercial real estate market, explains how they are advising their industrial clients to successfully
Meeting Demand for Industrial Space in Winnipeg
Artist rendering of the Plessis Business Park, 22 acres of industrial land in east Winnipeg that Shindico has acquired and is in the process of developing. Winnipeg, the largest city in Manitoba, Canada, has seen steady expansion in population, job creation and industrial space demand over the past several years. Growth in industry sectors such
Five years ago, e-commerce giants focused on building mega-warehouses at the edges of large population centers where land was cheap and plentiful. Today consumer expectations have shifted to a desire for quick delivery - sometimes within mere hours. Retailers are now focused on the last mile in the distribution cycle. How are retailers and industrial
Office Space Evolves: Is Less More in Today’s Market?
https://youtu.be/PIskKmy7l6A When it comes to making office space decisions, tenants are continuing to find that less is more. For nearly a decade, increasing mobility among office space users has prompted companies to lease fewer square feet to operate their businesses, said Mason Capitani, SIOR, of L. Mason Capitani/CORFAC International in Troy, Michigan. As a result,
Macro-Level Factors Drive Toronto’s Commercial Real Estate Market
By Ray Lyons, CCIM, MRICS, SIOR, Realty Advisors Ltd., Brokerage/CORFAC International, Toronto, ON Currently, there are a wide range of macro-level factors driving Toronto’s commercial real estate market. The balance of supply and demand is driven largely by the strength of the economy and job creation, which affects the demand for various types of real estate
Global Corporations Set Sights on Orange County, CA
By Eric Hinkelman, Voit Real Estate Services/CORFAC International, Irvine, CA Over the past 36 months, the type of company that has targeted the North Orange County’s commercial real estate space (traditionally this region’s industrial real estate market) has shifted from aerospace and defense-centric, to a more diverse, international blend of service-related companies. Many of the
San Francisco Commercial Real Estate: The Non-Tech Squeeze Is On
By Tom Martindale, SIOR, TRI Commercial/CORFAC International, San Francisco, CA San Francisco’s commercial real estate market continues to be fueled by the tech industry, but a range of factors indicate a cooling trend could be on the horizon. Tech Continues to Rule the Office Market Just when it seemed 3 million square feet of deliverable office
Brexit and Beyond: London Office Market Thrives
-- By Alistair Subba Row, Farebrother/CORFAC International, London The United Kingdom’s departure from the European Union -- commonly known as Brexit -- was expected to have adverse effects on London’s office property market. These predictions initially proved accurate as London turnover and transaction volumes sank to a four-year low in the quarter following the referendum
Trending Topics in CRE: CORFAC International’s Fall 2017 Thought Leadership Series
Read about the factors driving commercial real estate market activity in the San Francisco; Orange County, CA; London, United Kingdom; and Toronto, Canada, markets in CORFAC International's fall 2017 thought leadership piece. CORFAC Thought Leadership Series - Fall 2017
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.