Corporate real estate

Benefits of prefabricated construction for commercial buildings

Benefits of prefabricated construction for commercial buildings

As construction costs increase, developers are investing in prefabrication and modular construction for cost-effective ways to advance multifamily and other commercial developments. We asked our friend and colleague Cathy Schmidt, CEO at Fullerton Building Systems, to provide her thoughts on the advantages of (and changes in) prefabricated buildings related to commercial construction.

How the pandemic is affecting commercial office leasing trends

How the pandemic is affecting commercial office leasing trends

Commercial real estate has been impacted by the COVID-19 pandemic. An industry that was once predicted to soar in 2020 is now starting to see the impacts of the global pandemic. One area where we are seeing change in CRE is in leasing; changes in leasing opportunities are affording companies of all sizes new options that provide cost-saving solutions.

Working together through crisis – the pandemic’s impact on real estate

Working together through crisis – the pandemic’s impact on real estate

The COVID-19 crisis impacts real estate like a game of dominoes. Each ask by a tenant requires a corresponding ask by a landlord to a lender, to a vendor, to a municipality. We have compiled a list of conversation starters to assist with sorting through a complex situation for landlords, property managers and employees.

The importance of project management excellence

The importance of project management excellence

Project management is a critical part of the commercial real estate and development project process. Choosing an expert project manager can be quite the task. What traits should you look for? What do your core values and company culture have to do with the process? Read on to learn how to select the right project manager for your commercial real estate needs.

2020 real estate predictions

2020 real estate predictions

To kick off the new year, our team put together thoughts on real estate—the lay of the land as we embark on 2020 and what you can expect in the coming months. For instance, did you know that building energy causes 73% of the pollution that contributes to climate change? As a result, the City of Minneapolis declared a Climate Emergency in December. From this, Kate Damato predicts that developers and contractors will increase their efforts to construct buildings with climate sustainability in mind. Here’s what else you need to know as we dive in to 2020:

Tenant representation: The importance of working with a professional

Tenant representation: The importance of working with a professional

Real estate is one of your company’s largest expenses and when seeking out a new business space that aligns with your needs, you want to make sure that you are looking at all the best options and finding the right fit. Working with professionals to help manage all the pieces of the puzzle is what tenant representation is all about—these are licensed agents/brokers acting as fiduciaries for you, the tenant.

Real estate grants and incentives: Planning for 2020

Real estate grants and incentives: Planning for 2020

Grants and incentives offer wonderful benefits when used appropriately. They can move a deal forward that has a financial gap or improve a project to provide important benefits, such as increased sustainability measures. What types of projects or project needs might spur the request for incentive or grant monies? We provide a few examples, requirements to be aware of and a few ideas to get you started.

Residential vs. commercial representation: Similarities, differences and key players

Residential vs. commercial representation: Similarities, differences and key players

What is the difference between residential and commercial representation? While the two have some similarities that keep them related, the differences are so vast that they rarely cross paths. The client perspective highlights some of the similarities and differences between the two. Learn the differences and key players, here.