According to Blaine Kelley, senior vice president of the global supply chain practice with CBRE, tenants will trade off all other physical features for proximity to customers, labor and suppliers.
While Starbucks still has an edge in the highly competitive U.S. coffee and breakfast market, other chains are expanding and picking up market share.
Among the key factors affecting the sudden rise in TI allowances is a significant increase in new inventory that impacted supply and demand dynamics nationally.
A look at the most expensive office markets in the world, as ranked by CBRE's annual Global Prime Office Occupancy Costs report.
Growth in the next five to 10 years may look a bit different than what we’ve witnessed in the last decade.
Competition for tenants in markets with an oversupply problem is pushing concessions higher, according to real estate services firm JLL.
Howard Schultz reportedly told Starbucks employees that the retail sector was reaching a point where landlords of even prime centers would need to lower rents.
Starbucks runs its own stores, and with retailers wilting across the U.S., landlords stuck with vacant storefronts are starting to cut rents.
Commercial real estate pros remain bullish on the outlook for the industrial space.
