SIOR Weekly
CRE News
Commercial Observer After a year of strong economic performance, the Federal Open Market Committee (FOMC) voted at its year-end meeting to hike interest rates by 25 basis points. It also released projections revealing it intends to increase rates three more times in 2017. Although this most recent hike was long anticipated and baked into market rates, some commercial real estate investors are concerned a higher-rate environment will negatively affect them.
Biznow Big-box development and leasing soared in 2016, marking the strongest year ever for the sector, Colliers International reports. That is in spite of 2016’s volatile geopolitical environment, which included the unexpected Brexit vote and President Donald Trump’s upset victory.
Finance&Commerce A consultant who predicts a 2018 end to the current commercial real estate cycle says the industry will see fewer office and retail property sales, but more multifamily sales as millennials eschew homeownership.
CitiesNow Investment strategies are usually based on market fundamentals such as yields and vacancy rates. But is resilience–how a city bounces back from disaster–a better indicator?
Century 21 Real Estate LLC
SIOR Happenings
Commercial Debt Maturity’s Impact on Markets Just when it seemed as if an impending storm was going to smash the commercial and multifamily mortgage markets, the clouds disappeared and the sun rose high in a bright blue sky of transactions and refinancing.

Award Winning OC Design Firm Promotes Regional Vice President
Lake Forest Patch – February 28, 2017
Ware Malcomb, an award-winning international design firm, announced Tuesday that Tom Myers has been promoted to Regional Vice President in the firm’s Irvine, Calif.-based headquarters office.

Why CRE Industry Networks Still Matter
REJournals – March 3, 2017
Emails. Conference calls. Webinars. Social media. These are the business tools of the 21st Century, replacing the social clubs, typewriters and three-martini lunches of the past. But have technology-based tools replaced relationship networking—the kind where you meet face-to-face, and develop a shared frame of reference and experience? Jason West, 2017 President of the SIOR Chicago Chapter, argues that they haven’t—and they never will.

3 Ways E-Commerce is Impacting Site Selection Online sales are quickly outpacing in-store sales, largely due to online retailers’ ability to offer a wider variety of inventory and speedy delivery times. Due to this shift away from brick-and-mortar stores, many retailers have also had to shift their real estate selection strategy.
   
Naylor Association Solutions
      
Naylor Association Solutions
   
Upcoming Events

SIOR Minnesota Chapter - The New Urban - 10 West End - Ryan Companies/Excelsior Group
When: Mar 15, 8:00 AM–9:00 AM (CT)
Where: The Excelsior Group Office, 1660 Highway 100 S., Suite 400, St. Louis Park, 55416

2017 Commercial Real Estate and Government Day
When: Mar 15, 8:00 AM–3:00 PM (CT)
Where: Madison, WI, US

NYC/Downstate NY Panel Discussion & Networking: Changing Landscape of Commercial RE Transactions
When: Mar 15, 5:00 PM–7:00 PM (ET)
Where: Rockefeller's 32nd Floor Marketing Center, 1271 Avenue of the Americas, 32nd Floor, New York, NY, 10019, US

SIOR LA / MS / AL / NWFL - Birmingham Dinner
When: Mar 16, 6:00 PM–9:00 PM (CT)
Where: Dyron's Low Country, 121 Oak Street, Mountain Brook, AL, 35213, US

Bright Ideas
4 Essentials to Help Businesses Make the Post of Paid Search Marketing Martech Advisor Designing the best-in-class product or service is worthless if consumers cannot locate it conveniently. At times, the only thing that ails a product’s marketing strategy could be poor exposure of the product or service on the internet, some very basic to-dos that businesses sometimes ignore. Paid search marketing has flourished as an essential and effective marketing strategy to help brands expose themselves successfully in the competitive market.
What Is Digital Twin Technology - And Why Is It So Important? Forbes While the concept of a digital twin has been around since 2002, it’s only thanks to the Internet of Things (IoT) that it has become cost-effective to implement. And, it is so imperative to business today, it was named one of Gartner’s Top 10 Strategic Technology Trends for 2017.
Steady U.S. Job Growth Sets Stage for Fed to Raise Interest Rates The New York Times Employers added 235,000 workers to their payrolls in February, the government reported on Friday, a hefty gain that clears the path for the Federal Reserve to raise its benchmark interest rate when it meets next week.