Today, the construction pipelines for publicly-traded REITs specializing in multi-tenant data centers are quite large, thanks in large part to cloud computing.
If developers build too much parking, the empty spaces may be difficult to repurpose for any other use.
The value of energy efficiency and sustainability can prove to be greater, more lucrative or more complex than it appears on the surface.
Moody’s predicts that the demographic shift will intensify over the next few years, with the Southeast realizing the greatest population gains in the nation, notes Wagner.
In a pilot program anchored by co-working spaces, Verizon already has transformed four of its urban “telco” buildings.
If JLL’s projection becomes reality, the U.S. would lose about 18,000 of its roughly 90,000 bank branches.
Institutional investors are now competing for small, previously obsolete class-B, -C and -D industrial buildings in urban locations.
