There is a plethora of roles of professionals in the architecture, engineering and construction industries as well as in commercial real estate, and it can be tough for the outsider looking in to determine who does what.
With demand for office space decreasing and footprints shrinking, building designers, owners and operators are left with the challenge of filling up unused spaces. This ushers in the opportunity for adaptive reuse strategies.
With vaccine distribution in full swing, many companies and employees are looking forward to some sort of return to a post-COVID office.
A proactive building maintenance plan can put building managers a step ahead of many issues, likely saving time, money, frustration and anxiety by avoiding emergency repairs.
An unexpected silver lining has appeared for property owners looking to find uses for underutilized hotel rooms. Some hotels are undergoing transformation into multifamily properties.
With the pandemic wreaking havoc on urban environments at its onset, some commenters have suggested the city as we know it may be coming to an end. Not so fast.
The challenges of changing consumer habits and the effects of the pandemic have caused ample hardship for America’s malls.
A covenant on a property refers to restrictions on its use or obligations tied to the purchase of land. This can determine how a property is used and affect its price.
Allaying current fears and planning for future outbreaks is a must for hotel operators. Design will be impacted, and enhanced housekeeping measures will not only need to be undertaken but clearly demonstrated to occupants.
With retailers, landlords and hoteliers among many of the businesses feeling the pinch for some time, the economic downturn will continue to have a major impact on commercial real estate in the United States and around the globe.