Welcome to the inaugural issue of Bite Size Breaking News. We post every other Monday by noon. Have lunch with The Sinreich Group and get the latest real estate news in easily digestible “bite size” portions.
Brick-and-Mortar Retail Captures Back to School Sales
According to Shopping Centers Today, brick-and-mortar stores captured 74% of all school supplies purchased this year, and 88% of all back-to-school shoppers made a purchase in a physical retail store. Learn more
Commercial Real Estate Prices to Increase 5% Annually
45 economists/analysts at 32 leading real estate organizations surveyed for the semi-annual ULI Real Estate Economic Forecast project a 5% increase in commercial real estate prices per year over the next 3 years and a "modest" increase nationally in vacancy rates. Learn more
Cyber Security Creates Capital Opportunity
In 2017 1.4M square feet of space was leased nationally to cyber security firms, up from 800,000 square feet in 2016. 75% of this space was in the San Francisco Bay Area, with Washington, D.C. a distant second at just under 10% of the total, followed by Detroit, Dallas and New York City. Learn more