The current commercial real estate landscape is fluctuating. Rising interest rates have cooled the market, requiring professionals to adapt their strategies. Changes in property design and commercial business locations may also be on the rise. Whether you’re an investor, business owner, or simply interested in the future of commercial spaces, these articles share valuable insights into these evolving trends.
Navigating a Challenging CRE Market
With the rise in interest rates, the commercial real estate market has seen a decrease in activity. To navigate through this shift, CRE professionals must pivot in a way that mitigates their risk. For investors looking to buy in the current state of the market, there are 6 components to consider.
Improving Traffic Safety Through Road Design
For commercial properties, the parking area is just as important as the buildings themselves. This area’s safety and aesthetics offer a first impression for customers and visitors but also affect the well-being of employees. There are a few ways civil engineers use road design and urban planning to help slow traffic and keep roads and pedestrian walkways safe.
Embracing the Decentralized Office Model
As the office sector continues to shift, businesses are beginning to move toward a more decentralized model. Rather than being in city centers, the trend of suburban and satellite offices is rising. Businesses have found that this model enhances work-life balance, collaboration, and communication, and reduces commute times.
