Viewpoints
Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
The Metro Boston Group Expands Reach Into Greater Boston Neighborhoods and South Shore Markets
BOSTON (May 17, 2023) – The Metro Boston Group, a leading real estate firm, is proud to announce the expansion of its commercial sales services into the Greater Boston neighborhoods and South Shore markets. This expansion comes in response to recent successes and client demand for a greater presence in these areas. To lead this expansion, Karim Evans has been appointed as commercial sales advisor. With his wealth of experience in investment acquisition, sales, leasing and asset management, Evans is well-suited to support local businesses and help The Metro Boston Group target the highest and best-use potential of its clients. “Our efforts are dedicated to assisting small to mid-size clients who are often overlooked by larger national and regional real estate companies. Traditionally, these are non-institutional owners, investors, family-owned trusts with generational assets, and developers who are searching for the full level of service they deserve,” said Albert Bouchie, broker advisor of The Metro Boston Group at Coldwell Banker Commercial. “Karim's skills and commitment to building thriving local economies align perfectly with our goal of serving Main Street-Down the Street commercial property owners and investors and helping them reach their full potential.”Evans will be responsible for expanding The Metro Boston Group’s brand awareness by leveraging his extensive market knowledge and client base. He is committed to generating long-term capital appreciation for his clients’ investment portfolios and is always available to answer any questions about the commercial real estate market."We are excited to have Karim on board as our commercial sales advisor,” said Bouchie. “His personal interest in supporting local businesses and dedication to customer service make him a valuable asset to our team.” For more information about The Metro Boston Group's commercial sales services, please contact Karim Evans at (857) 763-7771 or karim.evans@cbrealty.com. For more information about The Metro Boston Group, please visit www.cbcboston.com.About Coldwell Banker Commercial AffiliatesColdwell Banker Commercial Realty, 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 www.cbcworldwide.com. ###
COLDWELL BANKER COMMERCIAL REALTY FACILITATES SALE OF FORMER BANK OF AMERICA BRANCH IN POMPANO BEACH TO CLARIDGE HOMES
POMPANO BEACH, FLA. (April 26, 2023) – Coldwell Banker Commercial Realty is pleased to announce that it has facilitated the sale of 101 S. Ocean Blvd. in Pompano Beach, formerly a Banker of America branch. The 4,864 square-foot building on .77 acres was sold for $4,522,222.
Coldwell Banker Commercial paves the way for the future of commercial real estate with new website
MADISON, N.J. (April 18, 2023) – Coldwell Banker Commercial®, an Anywhere (NYSE: HOUS) brand, announces the launch of their all-new website, www.cbcworldwide.com. The new website introduces new ways for commercial real estate users and investors to search for property as well as introduces a new experience for Coldwell Banker Commercial clients and affiliated professionals as they work on transactions. The new search features and tools are housed within an easy to navigate user experience. “The new Coldwell Banker Commercial website reflects the future of the company and completes our global rebrand,” said David Marine, chief marketing officer of Coldwell Banker Commercial. “We developed this site with the goal of creating a seamless suite of tools that will connect our professionals and allow them to deliver value with just a few clicks. Since our founding in 1906, we have been at the forefront of the commercial real estate industry and with the launch of this new website, we will reaffirm our leadership position.”The new site aims to educate and reinforce the differentiating qualities of the Coldwell Banker Commercial brand. Exclusive to the Coldwell Banker Commercial affiliated brokers and professionals, the new site will offer seamless accessibility and customization, allowing these individuals to provide the best possible service to their clients. Highlights include a personalized dashboard that will allow for lead capture and direct communication in a private deal room, analytics on one’s individual listing(s) as well as the ability to edit listings directly on the website. Clients and individuals will also have an enhanced visitor experience. They will be able to create their own accounts on the website and setup specific search alerts and notifications based on property type, geographic area and/or industry and interact directly through the website with the Coldwell Banker Commercial affiliated professionals. “The Coldwell Banker Commercial brand has always been a leader in real estate, we have been pathfinders since 1906,” said Dan Spiegel, SIOR, senior vice president and managing director, Coldwell Banker Commercial. “We will do whatever it takes to ensure that Coldwell Banker Commercial affiliated professionals have access to innovative tools and technology to create exceptional experiences for their clients. Our new website enables our highly collaborative community of professionals to work together with each other and their clients, because when we work together, we win together.” In addition, the site will feature an updated news section called Viewpoints, where the brand publishes market outlook reports and articles about trending CRE topics, as well as host the brand’s popular podcast – CRE with CBC Worldwide, the Coldwell Banker Commercial Podcast. For more information, visit www.cbcworldwide.com. To watch a video that highlights the new website’s key features, visit https://www.youtube.com/watch?v=NN3tu4sZKb0For Media Inquiries:Curich & WeissCBC@curichweiss.com
Q1 2023 Sentiment Report: The State of CRE & What’s to Come
The Real Estate Round Table recently released its 2023 Q1 Sentiment Survey, a comprehensive measure of industry experts’ confidence and expectations regarding the commercial real estate environment. As we’ve observed throughout the first quarter of 2023, the real estate market has been uncertain and incredibly volatile due to the historic increases in short-term interest rates and soaring inflation.
4,000 SQ. FT. BUILDING ON MORE THAN ONE ACRE SELLS FOR $2.7M IN WESTLAKE VILLAGE, CALIFORNIA
WESTLAKE VILLAGE, CALIF. (April 7, 2023) – Coldwell Banker Commercial Quality Properties is pleased to announce that it represented the seller in the sale of an approximately 4,000 square-foot building on an area of approximately 1.06 acres, located at 530 Hampshire Road in Westlake Village, California. The transaction closed for $2.7 million.
Are Office Distress Opportunities Around the Corner?
Although opportunities to acquire distressed CRE have been few and far between thus far, conditions may lead to a significant uptick in the sale of troubled office assets in the coming years. It’s long due, as industry observers have been anticipating a wave of distressed office listings since the pandemic’s onset first unsettled the office market.
COLDWELL BANKER REALTY FACILITATES 10-YEAR LEASE FOR NEW VIEWS BAR AND GRILL LOCATION IN HOUSTON
HOUSTON (March 30, 2023) – Coldwell Banker Realty is pleased to announce that it has facilitated the lease for 5636 Richmond Avenue in Houston, which will be opened as the newest location for Views Bar and Grill. The 10-year lease has an estimated gross value of $3.5 million. The 8,700 square-foot retail space is located in Houston’s Galleria shopping district.
Coldwell Banker Commercial Announces 2022 Leadership Award Recipients
MADISON, N.J. (March 30, 2023) – Coldwell Banker Commercial®, an Anywhere (NYSE: HOUS) brand, announced its 2022 award recipients across numerous Coldwell Banker Commercial leadership categories at this year’s annual Global Conference held in Chicago.
COLDWELL BANKER COMMERCIAL ANNOUNCES SALE OF APPROX. 48,550 SQUARE-FOOT PROPERTY
CANOGA PARK/CHATSWORTH, CALIF. (March 27, 2023) – Coldwell Banker Commercial Quality Properties is pleased to announce that it represented both the buyer and seller in the sale of an approximately 48,550 square-foot, multi-tenant industrial property located in the communities of Chatsworth and Canoga Park, Los Angeles.
COMMERCIAL REAL ESTATE EXPERT KAREN DOME AFFILIATES WITH COLDWELL BANKER RELIABLE IN NYC
NEW YORK (March 1, 2023) – Coldwell Banker Reliable Real Estate is pleased to announce that Karen Dome, a real estate industry leader with more than 25 years of experience serving New York City’s commercial and residential markets, has affiliated with the company.
