Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell Banker Commercial brand.

Article 71 - 80 of 669
Oct 17, 2023

C-Store Trends & The Brands Leading the Way

Many recall convenience stores as small retail establishments attached to a gas station, where one might grab a drink or a pack of gum. However, as indicated in's white paper titled "C-Store Trends & the Brands Leading the Way," contemporary convenience stores, or "C-stores," have undergone a substantial transformation. While some convenience stores still derive their revenue from gas and automotive services, others have repositioned themselves as destinations where patrons can enjoy specialty coffee, grab a quick dinner, or conveniently acquire a selection of grocery items on their way home from work, as highlighted in the white paper. Or in the case of some like Buc-ee's, convenience has been elevated into a whole new super-sized extravaganza attraction.The Rise of the C-StoreIn recent years, C-stores have demonstrated remarkable success in the retail sector, outpacing several related categories, including traditional grocery stores. Furthermore, despite the challenge of higher gas prices, the white paper highlights a notable increase in foot traffic at convenience stores. This surge in visitation can be attributed to two primary factors: inflation and improved food offerings. With inflation increasing prices, individuals increasingly seek affordable indulgences and cost-effective alternatives. This shift in consumer behavior has led many people to favor convenience stores over extensive trips to larger grocery stores. Additionally, the enhanced food offerings in these establishments, including options like fresh coffee, baked goods, and fast food, have contributed significantly to their growing popularity.C-Store Brands Leading the WayThe C-store industry exhibits significant regional variations. Despite being a national brand, 7-Eleven holds a dominant presence on the West Coast. Maverick – Adventure's First Stop enjoys renown in Wyoming and Utah, while Cumberland Farms stands as the primary C-store choice in New England. In Texas, Buc-ee's holds exceptional popularity, and for residents of Florida, Maryland, Pennsylvania, Virginia, and New Jersey, Wawa is the preferred and go-to convenience store.Staying up to speed with C-store trends is of paramount importance for investors in today's dynamic market landscape. The evolving nature of C-stores, as highlighted by the transformation from simple gas station add-ons to multifaceted retail establishments, presents compelling reasons for investors to keep a keen eye on this sector. The remarkable growth and adaptability of C-stores underscore their potential as rewarding investment opportunities. As these stores diversify their offerings, investors have the chance to tap into a market that not only caters to traditional automotive needs but also serves as a destination for food, beverages, and everyday essentials. Recognizing the trends in convenience store evolution can help investors identify the brands and chains that are thriving in this competitive environment. 

Oct 16, 2023

Coldwell Banker Commercial Atlantic Brokers Multiple Leases For Redeveloped Montague Corners Shopping Center

Coldwell Banker Commercial Atlantic has been instrumental in the re-tenanting and remerchandising for the redeveloped of Montague Corners, formerly Oak Ridge Plaza, at 5060 Dorchester Rd. in North Charleston.

Oct 16, 2023

Coldwell Banker Commercial River Valley Manages Sale Of $10M Office Building In Onalaska To Kwik Trip Convenience Store Company

Coldwell Banker Commercial River Valley recently completed the $10 million sale of a three-story, 66,000-square-foot office building located off Interstate 90 in the La Crosse/Onalaska corridor of Wisconsin.

Oct 10, 2023


Retail Renaissance: Adapting Malls for Success. The modern retail landscape is undergoing significant transformations, spurred by evolving consumer behaviors, technological advancements, and economic shifts. Looking ahead to 2023 and beyond, it is crucial to understand the four key themes that are shaping the future of malls and their relevance.

Oct 10, 2023

Opportunities of Cost Segregation in Commercial Real Estate Investments

With us today is Erik Oliver, Vice President of Business Development at the Cost Segregation Authority, a Salt Lake City-based firm. The U.S. tax code has a number of specific provisions that relate to the needs of the commercial real estate investment community and cost segregation is one way to ensure that investors are reaping the tax advantages available for their properties. Erik is an expert in this area and we had a good time discussing how investors can take advantage of cost segregation strategies.

Oct 3, 2023

How EV Charging Stations are Reshaping Property Development

In an era dominated by sustainability concerns and technological advancements, the landscape of both real estate and transportation is rapidly evolving. One prominent trend that encapsulates this transformation is the integration of Electric Vehicle (EV) charging infrastructure into new constructions. While the incorporation of EV charging stations into real estate projects is undoubtedly a positive step towards a cleaner future, it's essential to consider the potential challenges and opportunities that come with this change. The Rise of EV Charging in New ConstructionIn recent years, the electric vehicle revolution has gained significant momentum, prompting a shift in the way we approach infrastructure planning. Many real estate developers are now embracing EV charging as a standard feature in new construction projects, recognizing the increasing demand for such amenities from environmentally conscious consumers. As of the start of 2022, groundbreaking has commenced on a staggering 94 million square feet of manufacturing facilities, primarily directed towards the production of semiconductors, batteries, and electric vehicles (EVs), as per CommercialEdge's National Industrial Report.  In Q1 of 2023, there was a 3.2% increase in the number of EV charging ports in the Station Locator, including a 4.0% increase in public ports and a 1.7% increase in private ports. DC fast ports increased by the greatest percentage (7.6%). The South Central region had the largest increase in public charging in Q1 (7.9%), though California continues to lead the country in the number of available public EV charging ports. One of the primary benefits of including EV charging stations in new developments is the marketability they offer. As more individuals transition to electric vehicles, the presence of readily available charging stations can significantly enhance a property's appeal. Homebuyers and commercial tenants alike are now looking beyond traditional amenities and considering the convenience of charging their vehicles as a valuable asset. They are increasingly viewed as amenities in future office leases, presenting an opportunity for industrial developers. This aligns with the rising trend of both foreign and domestic car manufacturers investing in EV production facilities and associated manufacturing plants in the United States. Challenges on the HorizonWhile the integration of EV charging into real estate is a positive trend, it's not without its challenges. The primary concern revolves around the substantial infrastructure requirements and associated costs. Installing charging stations necessitates careful planning, from securing the necessary electrical capacity to determining optimal locations for charging units. For developers, these considerations can increase project complexities and costs. Another challenge to consider is the pace of technological evolution. As EV charging technology continues to advance, there is a risk of investing in outdated infrastructure. Striking the right balance between future-proofing developments and avoiding premature obsolescence is crucial. Battery Storage Facilities: Powering the FutureAs we delve deeper into the realm of sustainable energy solutions, battery storage facilities emerge as a critical component of the EV charging equation. These facilities enable efficient energy management by storing excess energy during off-peak hours and supplying it during periods of high demand. By coupling EV charging stations with battery storage, real estate projects can achieve a more reliable and cost-effective energy supply, benefiting both the property and the grid. Service Stations: Adapting for EVs and BeyondThe rise of EVs also challenges the traditional concept of service stations. These spaces are evolving from mere refueling stops into multifunctional hubs catering to the needs of electric vehicle users. As EV drivers require longer charging times compared to conventional refueling, service stations have the opportunity to expand their offerings. Incorporating shopping, dining, and entertainment facilities can transform these stations into attractive destinations, providing an economic boost to adjacent communities. Moreover, service stations can leverage battery storage facilities to manage peak energy demands, ensuring a consistent and efficient charging experience for EV owners. Steps Toward a More Sustainable Future The marriage of EV charging infrastructure with real estate represents a pivotal moment in our journey toward a sustainable future. By integrating charging stations into new constructions, we are not only catering to the evolving needs of environmentally conscious consumers but also driving market innovation and economic growth. However, challenges such as infrastructure costs and the rapid pace of technological advancement must be carefully navigated. Additionally, the potential of battery storage facilities and the transformation of service stations underscore the dynamic nature of this transition. As electric vehicles become the norm, the landscape of real estate, energy management, and transportation will continue to evolve, creating a more interconnected and sustainable world. The electrifying integration of EV charging into real estate is not just about accommodating vehicles; it's about reimagining the way we build, power, and live in our communities.

Oct 3, 2023

In Case You Missed It: September Recap

On the September ICYMI, we shine the light on a couple of new partnerships for our land professionals as well as with CCIM. We also share news on new technology rollouts to connect our brokers, expansion of CBC in Iowa, more marketing updates and more!

Sep 27, 2023


NORTH CHARLESTON, S.C. (Sept. 27, 2023) – Coldwell Banker Commercial Atlantic recently brokered the lease for a new retail space in North Charleston that will operate as a nail salon and social media influencer studio. The 11,985 square-foot space is located at 5301 Indigo Fields Blvd., Suite 101-106. Coldwell Banker Commercial Atlantic brokers represented both sides of the transaction. Jing (Julia) Donovan represented the tenant, Indigo Studio Charleston LLC, which operates Oh La La Salon. Oh La La Salon is a salon studio with hair, makeup, and nail art spaces, including an influencer photo studio for photoshoots and short-form video content. Brent Case and Hannah Kamba represented the lessor, HW-Indigo LLC. The salon is in a newly developed shopping center, developed and managed by Hardy World, LLC. The shopping center fronts Dorchester Road, next to the intersection with Ashley Phosphate, and offers easy access to I-26 and I-526. The traffic count is above 40,400 vehicles per day. The shopping center has excellent visibility and access from Dorchester Road with a multitude of uses available ranging from retail, office, medical and flex. There is an opportunity for a large restaurant with a patio.About Coldwell Banker Commercial AffiliatesColdwell Banker Commercial Atlantic, an affiliate of Coldwell Banker Commercial®, provides commercial real estate solutions serving the needs of owners and occupiers in the leasing, acquisition, and disposition of all property types.  With a collaborative network of independently owned and operated affiliates, the Coldwell Banker Commercial organization comprises almost 200 companies and more than 3,000 professionals throughout the U.S. and internationally. For additional information, visit   Media Contact:
Kevin Guhl kevin.guhl@cbhomeoffice.com973-407-5916

Sep 26, 2023

Retail Shops Shine as a Prominent Player in Commercial Real Estate

Retailers in the United States are defying historic lows in retail space availability by planning to launch 1,000 new stores this year, underscoring the sector's resilience amid commercial real estate challenges. Despite factors like inflation, elevated interest rates, and the closure of businesses such as Bed Bath & Beyond and Christmas Tree Shops, landlords are reporting unwavering demand for retail spaces, highlighted by The Wall Street Journal. This resilience can be attributed to the reduced retail construction since the 2008-09 financial crisis, allowing the oversaturated sector to absorb its existing real estate. Moreover, retailers are using online sales data and analytics to pinpoint ideal locations for successful stores. Contrary to predictions of online retail dominance, digital-native companies are now establishing physical storefronts after reaching their online customer acquisition limits. Shoppers are returning to stores and restaurants as pandemic restrictions ease, alleviating earlier concerns. Additionally, Commerce Department data from earlier this summer reveals that retail sales increased by a seasonally adjusted 0.7% in July compared to the prior month. American spending has risen for four consecutive months and seems to be outpacing inflation.This retail revival stands in stark contrast to the office market, which is grappling with a 30-year high in office vacancy rates of 18.2%, primarily due to the rise of hybrid work schedules. A whitepaper by highlights the success of Walmart, Target, and Costco amid economic challenges such as inflation and high gas prices. Despite the evolving retail landscape, these retailers serve as prime examples of how challenges can transform into opportunities.'s Q2 2023 data suggests that shifting consumer trends are favoring superstores.In fact, both Costco and Target outperformed the broader retail sector in year-over-year (YoY) performance, with visit growth rates of 1.2% and 3.1% in the first half of 2023, compared to the overall retail sector's 0.3% decline. Conversely, Walmart seemed to be more affected by inflation, possibly due to its visitors having a lower median household income compared to Costco and Target shoppers, experiencing a 0.9% decrease in foot traffic compared to H1 2022. However, recent weekly visit data indicates a potential Walmart rebound. Between June 19th and July 24th, the chain recorded year-over-year weekly visit growth, suggesting a positive trajectory and hinting at year-over-year growth in the second half of the year.For commercial real estate investors, staying attuned to retail trends is of paramount importance. The ability to anticipate and respond to these trends can make the difference between a successful investment and a poor decision. Understanding which retailers are thriving and why, as well as grasping the nuances of changing consumer behavior, can inform strategic decisions regarding property acquisitions, leases, and developments. Incorporating these insights into investment strategies can help commercial real estate investors identify prime locations, optimize property portfolios, and ultimately maximize returns on their investments. 

Sep 19, 2023

Challenges in the Affordable Housing Space: What to Know

The U.S. is facing a potential loss of nearly 200,000 affordable housing units in the next five years as government protections expire for hundreds of rental properties, allowing landlords to set their own rents, highlighted by The Wall Street Journal. The main program used by the federal government to encourage developers to build affordable housing is a 30-year tax credit. However, specific agreements that assisted low-income renters are set to end, giving landlords the option to charge market rates for their units instead of continuing with the government program. Due to a period of high rent growth, many landlords are expected to raise rents significantly. Between early 2021 and the summer of 2022, asking rents for market-rate units increased by 25%, according to Apartment List, a rentals website. By 2027, up to 188,000 low-cost rental apartments funded by the government tax credit could convert to market rate, as reported by Moody's Analytics. Certain cities, such as Dallas, Chicago, and Houston, are at risk of losing a significant portion of their affordable housing. During the pandemic, a considerable number of affordable housing units vanished, with a decline of 400,000 apartments and rental homes for families in poverty between 2019 and 2021, according to the National Low Income Housing Coalition, which analyzed U.S. census data. Some of this loss was attributed to the expiration of tax credits, as mentioned by Moody's Analytics.Without longer affordability agreements or new subsidies, approximately 100,000 units of tax-credit housing could expire annually by 2033, according to Peter Lawrence, director of public policy and government. Rent increases following expiration can be substantial, as affordable housing rents are typically 38% below market rates on average, but after expiration, they rise to about the same level as market-rate properties of comparable quality and location, according to a study by Freddie Mac.This situation has left some long-term renters in difficult situations. The Wall Street Journal article shares the story of an 85-year-old renter in California who lives on a monthly income of $1,000 and has experienced minimal rent increases for nearly three decades. However, in 2021, the landlord opted out of the federal tax credit program, causing the rent to more than double, going up to as much as $1,300. Landlords have been major supporters of the tax credit program, and many have built large businesses by operating affordable housing. But without new subsidies or incentives, building owners will likely take advantage of the recent hot market and raise rents to meet the rising costs of maintenance, insurance, and property taxes. The solutions to this looming challenge will require cities and government agencies to work with landlords and developers to encourage investment into affordable housing projects, while simultaneously creating the incentives to do so. It is a complex situation that won’t easily be solved but without collaboration to address the need, it is clear that fewer options will be available. That doesn’t bode well for the future of many who are in desperate need and could end up without a safe and secure place to live.

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