Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
Retail sales continued to grow in November, putting the 2021 holiday season on the home stretch for record spending, the National Retail Federation (NRF) reported. The bright projections by the Washington, D.C.-based retail trade organization are remarkable considering the challenges of inflation, supply chain disruptions and COVID-19 facing consumers and the market.
While rents were pressured early in the COVID-19 pandemic as tenants returned space to the market and delayed new leases
The U.S. travel industry welcomed all vaccinated international visitors back to the United States after 19 months of pandemic-related border restrictions beginning November 8th. This is a long-anticipated milestone that marks the rebuilding of international inbound travel at air, land, and seaports of entry, and across destinations nationwide.
Blue Origin, a spaceflight company controlled by Amazon’s Jeff Bezos’, along with partners Boeing and Sierra Space, plan to build a commercially developed, owned, and operated space station in low Earth orbit. The project is being called Orbital Reef and is envisioned as a mixed-use business park roughly 300 miles above the surface of the Earth. The International Space Station orbits about 250 miles above Earth.
Coldwell Banker Commercial wrapped up the year with a busy holiday season! Listen to this episode for updates on the launch of Operation Pathfinder, Global Conference, Awards, Industry Events and more!