SIOR Weekly
CRE News
Globe St. Office-market fundamentals in the nation’s 10 major metro areas generally remained solid during the second quarter, Colliers International said Wednesday. At the same time, the firm points to a leveling off of rent growth and to a pair of key factors that suggest upward pressure on vacancy rates: tenant downsizing and new supply.
Globe St. The increasingly common use of smartphones sent demand for new data centers soaring in 2016, and the resulting development boom shows no sign of abating. According to a new mid-year report from Chicago-based JLL, data center construction in North America has so far increased 43% from 2016.
Bisnow Between ride sharing, bike sharing, car sharing, walkability and automated vehicles, the future of the car has never been so uncertain. Designers are looking at the mausoleums we build for them and asking themselves what the parking garage can be used for next. Gensler's Peter Merwin leads the firm's national mixed-use practice and spends much of his time figuring out ways to mitigate the tyranny of the automobile.
Commercial Observer At one time, commercial real estate players were considered less at-risk for cyber attacks because they maintain comparatively less personal information and intellectual property than financial, health care and retail companies. But as buildings get smarter through integrated technology, as regulators enhance enforcement against any business that touches sensitive personal information and as CRE pros engage in increasingly complex financial transactions, the need for responsive cyber and crime insurance cannot be ignored.
Century 21 Real Estate LLC
SIOR Happenings

Connecticut’s Tight Industrial Market may Limit Opportunity for Growth

REBusiness Online – July 31, 2017
The industrial real estate market is one of the tightest I’ve seen in Connecticut in more than 31 years. Each region in the state is experiencing varied levels of success, but overall the industrial market is healthy, with dropping vacancy rates, increasing rental rates, and decreasing cap rates.

NAR: If You're Not Making Money in This Market You're Doing it Wrong
Costar – August 3, 2017
A recent survey by the National Association of Realtors of its commercial property members confirmed that the past several years have been very good to be in real estate.

Can Traditional Office Space Compete With Co-Working? As you may already know, the stronghold that traditional office spaces have had on the market is being challenged by the emergence of co-working spaces. Unless you live in a rural community, you probably have a WeWork, Regis, or independently-owned co-working office space within a few miles from your home. Times are changing, and much of the change in the professional world is being driven by a shift in needs, expectations, and values as millennials take control of the labor market.
Houston Industrial Complex
Williams & Williams Auctioneers
Manufacturing warehouse, 3 metal buildings & an office building totaling 120,000+/- sf on 12.2+/- acres. Includes a large stabilized laydown yard to handle scrap and finished product. Open Public Inspections 11-2pm Fri Aug 25 & Sept 8 Auctions Fri Sept 22
Houston Industrial Complex
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Upcoming Events

SIOR Pittsburgh WPA NWV Chapter Meeting - August
When: Aug. 15, 12:00 PM–1:00 PM (ET)
Where: U.S.

2017 SIOR Midwest Regional Event
When: Aug. 22–23
Where: Milwaukee, WI, US

Bisnow's National Industrial Event
When: Aug. 24
Where: 9300 Bryn Mawr Ave., Rosemont, IL, 60018, US

SIOR Southeast East Regional Conference
When: Aug. 25–27 (ET)
Where: The Westin Savannah Harbor Golf & Spa, Savannah, GA, US

SIOR LA MS AL NWFL Chapter presents The New Orleans Dinner
When: Sept. 6, 6:00 PM–9:00 PM (CT)
Where: Ralph's on the Park, 900 City Park Ave., New Orleans, LA, 70119, US

North Texas Chapter: Beer & Bull
When: Sept. 13, 5:30 PM–7:00 PM (CT)
Where: TBD, 14070 Proton Road, Dallas, TX, 75244, US

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