Industry insights, market outlook reports and commercial real estate
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Banker Commercial brand.
On this ICYMI (in case you missed it) episode it's all about
ST. AUGUSTINE, Fla. (July 5, 2022) – Coldwell Banker Commercial represented the seller in the sale of the historic Bayfront Westcott House, a luxury bed-and-breakfast, located at 146 Avenida Menendez in St. Augustine, Fla. in a transaction valued at $5.25 million.
In part 1 of CBC’s Consumer Behavior Shifts & How it Impacts Real Estate blog series, we discussed the ways in which consumer behavior has changed over the past two years and how those changes impact every facet of retail strategy. In part two, we will dive into the long-term impact of COVID on consumer behaviors and patterns, how these patterns are impacting both the restaurant and retail industry, and the effects of online shopping.
Have you ever thought “How can I make sure I stay at the top of my game?”
Photos courtesy of Christopher Helkey: Download Images
It comes as no surprise that consumer behavior changed substantially over the past two years. For example, the rise of omnichannel, shifts towards hybrid work, the growth of leisure activities, and increased economic uncertainty all contributed to rapid and unpredictable changes in when, how, and where consumers shop. These changes impact every facet of retail strategy, from chain-level considerations like when to open stores, shelf-level arrangements on where to place products, to product-specific decisions for pricing, packaging, and marketing goods.
Photo provided by Coldwell Banker Commercial: Download Image
Fife, Wash. (June 23, 2022) – Coldwell Banker Commercial represented the seller in the sale of a multi-tenant industrial building located at 1410 46th Ave. E. in Fife, Wash. in a transaction valued at $6.85 million.
Early speculators, investors from all over the world, real estate agents, and celebrities are buying land that doesn’t physically exist in the real world. They are investing in metaverse real estate, a concept that is hard to wrap our minds around.