October 11, 2019
The Commercial Observer’s Partner Insights team recently held a webinar on technology’s impact on commercial real estate. The discussion includes the importance of new broker tools and predictive analytics. Commercial Observer
February 17, 2020
Developers are planning to convert a former retail site in Carle Place into a distribution center for Amazon. The 7.4-acre site at 2 Westbury Ave. was formerly occupied by a 56,000-square-foot Waldbaum’s supermarket that has been shuttered and vacant for more than four years. Long Island Business News Photo by Amazon
February 14, 2020
Cap rates remain at low levels due to the historically low interest rate environment combined with a robust economy. Despite the decrease in cap rates, the spread between asking and closed cap rates for retail and office properties widened by 6 and 2 basis points respectively. Real estate investors believe we are in the late… Read more »
February 10, 2020
For managers of commercial and residential buildings, retaining tenants and residents is a perennial item on the to-do list. Whether it’s adding new high-tech features or fine-tuning procedures, the time is right to take a hard look at retention strategies for 2020. Owners and property managers must continuously ask themselves a crucial question: What’s the… Read more »
