A 'Seismic Shift' Has Instagram Turning Restaurants Into Retail Anchors
Paige nudges her plate piled high with deep fried bacon-wrapped peanut butter bites closer to the candle so it catches the light. Every meal has become a photo opportunity, and she is not missing this special one.
Social media is spreading restaurant buzz like wildfire. A rapidly mainstreaming foodie culture has landlords seriously considering restaurants as anchors. Food hall founder Jonathan Butler is not surprised: “Food anchors everything.”
Butler is the mind behind New York City's wildly successful Brooklyn Flea and Smorgasburg food halls. At the New York Times' Cities Of Tomorrow Conference this week, he spoke with celebrity chef David Chang and moderator Jennifer Steinhauer about the…
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Harris Bay To Buy Commerce Building, Move Texas Operations
Real estate investment firm Harris Bay will relocate its Texas office to the Commerce Building in Downtown San Antonio. The firm has the building, which is appraised at $2.9M, under contract, the San Antonio Business Journal reports.
The sale price…
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Smashing The Lavender Ceiling: Inside The LGBT World Of CRE
One in every 25 Americans identified as lesbian, gay, bisexual and transgender in 2016, the highest figure Gallup has ever tracked. But if you are gay and in commercial real estate, it can feel like you are alone in the industry.
The Human Rights Campaign's Corporate Equality Index, a national report on corporate policies toward LGBT employees, gave 515 companies a perfect score in 2017. Of those, 112 were law firms and 38 were retail companies. Even the oil and gas industry, typically viewed as…
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Domain Northside Picks Up 9 Austin Energy Green Building Ratings
Endeavor Real Estate Group picked up accolades for Domain Northside's commitment to sustainability. Nine buildings at Domain Northside are now rated through Austin Energy Green Building.
The buildings that earned ratings are Rock Rose (three stars); Archer Hotel Austin (two…
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Meet Aras Agalarov, The Missing Link Between Trump And Putin
The question of what Donald Trump Jr.'s intentions were when taking a meeting with a Russian lawyer during the presidential campaign last summer hangs over the U.S. While political pundits and federal officials parse through the allegations, one thing has become clear — yet again, commercial real estate stands firmly at the intersection of politics. And a little-known figure has emerged: Azerbaijani-Russian real estate developer Aras Agalarov.
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American Coasts Are Preparing Public Transportation For Rising Sea Levels
The U.S. Army Corps of Engineers predicts Atlantic and Gulf Coast sea levels will rise by a minimum of 7.5 feet by 2100. That is quite a leap that could result in massive property damage should owners not take the necessary precautions. Even a mere 14-inch rise in sea levels could inflict real estate damage at 25 times the current rate.
One glaring oversight in the mainstream climate change dialogue is the effect of rising sea levels on public transportation.
In light of this concern, which is among the top six worries plaguing commercial real estate professionals in 2017, developers are making strides to update existing properties and public transit to withstand flooding in the face of rising sea levels.
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