As the 2nd largest living adult generation in the U.S. (with numbers just under 72 million), millennials have come of age and officially proven themselves a force to reckon with when it comes to, well, pretty much everything. Born sometime in the early 1980s through the early 2000s (hence the “millennial” moniker), this generation often […]
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How Fitness Trends Impact Commercial Real Estate Property
Statistics show that in 2016 the U.S. had over 36,000 membership-based exercise facilities with a total of 57.25 million members, illustrating beyond a doubt that health and fitness continue to prove a robust industry across the nation. At the surface, facts like these are encouraging to commercial real estate property owners that lease their […]
How Interest Rates And The Economy Impact Commercial Real Estate
Every year, the Counselors of Real Estate (CRE) releases a report on the top factors influencing real estate today – and how those specific issues will affect marketplace decisions over the next decade. The group recently released their 2018-2019 top 10 issues and, in a break with tradition, has separated the list into two segments […]
What Hurricane Season Means For Commercial Real Estate
On August 25, 2017, Hurricane Harvey’s 130-mile per hour winds and torrential downpours wreaked havoc throughout the Houston region, the effects of which are still evident today. In just four days, this Category 4 storm released a deluge of approximately 19 trillion gallons of water into Southeast Texas, damaging virtually everything in its path. […]
