Retail depends on data. But without deep knowledge of how to apply it, it’s just wasted data. That’s true for any business decision you make. We believe it’s true for any real estate decision you make, too.
Tom Tindall, who co-founded Cresa's Atlanta office 28 years ago, is back on Cresa Global's board of directors.
The industrial market in Atlanta remains on solid footing, but the metro's speculative supply pipeline, coupled with uncertainty caused by the coronavirus pandemic, could lead to a softening in market conditions in the coming quarters.
In light of the significant impact that the COVID-19 pandemic has had on so many across the world, Cresa Cares has donated $100,000 to relief efforts. We feel fortunate to be able to assist the following organizations in continuing the amazing work they are doing.
In Q2 2020, as the COVID-19 pandemic has been relatively well controlled in Beijing, tenants became increasingly active compared to Q1. However, due to the city’s high vacancy rate, tenants’ tight budget control, and the upcoming supply peak, many landlords kept lowering rents and being flexible in negotiations.
Some workers are going back to their offices. Others will be home — maybe permanently. Either way, the Covid-19 pandemic could be a turning point in the region’s office space market.