Market Insight

Lock Richards' Insight on the Commercial Real Estate Scene

Office Focus – Open Floorplans?

Open office floorplans have become trendy over the past several years. Driven by the tech industry and other “new economy” sectors, such layouts were developed to enhance worker collaboration, creativity and job satisfaction, with the ultimate goal of improving worker productivity – all while reducing real estate occupancy costs. With such lofty ideals attributed to …

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Landlords vs Tenants

Whether you are a business owner renting office, industrial or retail space; or a landlord or investor considering buying commercial real estate, keeping tabs on market trends can help shed light on the strengths and/or weaknesses of your opponent’s hand and assist with decision-making that will likely have significant and long term financial implications. Market …

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What’s Trending in Commercial Real Estate – 2018 Q3 Review

Current trends in commercial real estate differ depending on the particular market segment – be it office, retail or industrial. As shown in the statistics below, our local office sector has been the slowest to recover from the Great Recession and currently remains the softest of the three property types. This is due primarily to …

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Trending Now – 2017 Q3 Review

This quarter I wanted to highlight some interesting trends affecting commercial real estate (CRE) markets.  While these trends stem from national metrics, they will ultimately affect our local markets and may offer valuable insight to investors, owner/users, developers and tenants who are considering acquisition, disposition, expansion or relocation decisions. Nationally, over the last eight quarters, …

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