1. Warehouses Are the New Darling of Commercial Real-Estate Thanks to a Surge in E-Commerce (Business Insider)
“The U.S. market for warehouse spaces could surge as the coronavirus crisis crams years of online shopping adoption into just a few months.”
2. Here’s What Designers and Architects Anticipate Schools Will Look Like in the Fall and After COVID-19 (Spaces4learning)
"Spaces4Learning, which covers trends in educational facilities design and management, asked designers and architects from across the country what they anticipate classrooms will look like in the fall if they were to reopen, and how the coronavirus will impact school design in the long-term."
3. Why Multifamily Rents are Holding Up Better than Expected (National Real Estate Investor)
"A feared collapse in apartment rent collections amid the COVID-19 shutdowns has failed to materialize. But can that streak last?"
4. Trust CEO: Hotel Operators Not 'Receiving Any Income For The Remainder Of Year Of Any Kind' (Bisnow)
"Trust Hospitality CEO Richard Millard said the coronavirus has eliminated his company's revenue. Trust operates 31 boutique hotels, and as an operator, he said 2021 might be the next time his company takes in revenue."
5. Creepy Technologies Invade European Post-Pandemic Workplaces (Bloomberg, National Real Estate Investor)
"Businesses are walking a fine line between keeping people safe and protecting their privacy."
6. Katerra Names New CEO As SoftBank Infuses Another $200M (Bisnow)
"Prefab construction startup Katerra has brought on a new CEO and hundreds of millions of dollars more in capital from SoftBank."
7. Facebook’s Offices Will Be 75% Quieter When They Reopen In July (Forbes)
“Facebook is introducing a raft of social distancing measures in its offices as it prepares to welcome a limited number of employees back from July 6, according to people familiar with the matter who spoke to Bloomberg.”
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Nonresidential construction spending up 6.4% year over year in April
Among the 16 sectors tracked by the U.S. Census Bureau, nine experienced an increase in monthly spending, led by water supply and highway and street.
Market Data | Jun 3, 2019
4.1% annual growth in office asking rents above five-year compound annual growth rate
Market has experienced no change in office vacancy rates in three quarters.
Market Data | May 30, 2019
Construction employment increases in 250 out of 358 metros from April 2018 to April 2019
Demand for work is outpacing the supply of workers.
Market Data | May 24, 2019
Construction contractors confidence remains high in March
More than 70% of contractors expect to increase staffing levels over the next six months.
Market Data | May 22, 2019
Slight rebound for architecture billings in April
AIA’s ABI score for April showed a small increase in design services at 50.5 in April.
Market Data | May 9, 2019
The U.S. hotel construction pipeline continues to grow in the first quarter as the economy shows surprising strength
Projects currently under construction stand at 1,709 projects/227,924 rooms.
Market Data | May 9, 2019
Construction input prices continue to rise
Nonresidential input prices rose 0.9% compared to March and are up 2.8% on an annual basis.
Market Data | May 7, 2019
Construction costs in major metros continued to climb last year
Latest Rider Levett Bucknall report estimates rise at more than double the rate of 2018 Growth Domestic Product.
Market Data | Apr 29, 2019
U.S. economic growth crosses 3% threshold to begin the year
Growth was fueled by myriad factors, including personal consumption expenditures, private inventory investment, surprisingly rapid growth in exports, state and local government spending and intellectual property.
Market Data | Apr 18, 2019
ABC report: 'Confidence seems to be making a comeback in America'
The Construction Confidence Index remained strong in February, according to the Associated Builders and Contractors.
