Although early predictions for the commercial real estate market look slump, it is still considered a viable investment according a 2018 finding. This REJournals.com article features an interview exploring what exactly makes commercial real estate an attractive investment and the political implications facing the industry. Click here to read the original article on REJournals.com.
This article from GlobeSt.com discusses financials and the future of industrial real estate with a commercial real estate expert. "Even with rising interest rates, there is still room for cap-rate compression driven by projected NOI growth at the property level and the appetite for institutional investors to increase their allocation to industrial," Aaron Hill of Bixby Land Co tells GlobeSt.com. Read the full article at GlobeSt.com.
Suburban landlords are following along with a national trend of spending some big money on office redevelopment. According to this article in GlobeSt.com, a local company in the Northwest suburban submarket of Chicago is redeveloping an A- asset, to an upgraded A+ asset. The article explores the success some submarkets have found through these renovations, despite the elevated vancy rate plaguing the suburbs. Click here to read the original article on GlobeSt.com.
This article from REJournals.com is about the new development plans in the works for Northwest Indiana. The development site is about one hour southeast of Chicago, it already boasts a waterfront, economical housing prices, and miles of greenery. Despite the potential,the article explores the challenges this area faces, such as the lack of business owners and how the city officials and community plan to address it to become an economic success story. Read the original article at REJournals.com.