Real estate’s achilles’ heel: Soaring sublease space
I saw a poll recently commissioned by accounting giant PwC in August that concluded more than 40 percent of workers never want to go back to work at their offices. [...]
Why people are moving to Wake and other neighboring counties in droves
What you are about to read is not complicated, and it did not require months of extensive research. Online research firm SmartAsset did it for us. Based on recent numbers [...]
The Skills You’ll Need To Thrive In CRE In 2021
Business advisers and career coaches often preach the gospel of evolution: To succeed in business, one needs to adapt or die. After the tumultuous 2020 experienced for commercial real estate, [...]
WeWork CEO Says Businesses Need Hub-and-Spoke Offices for Now
Mathrani Argues That ‘Zoom Fatigue’ Has Set In and Workers Want Flexibility Sandeep Mathrani has an answer for corporate executives rethinking office space needs because of concern that productivity and [...]
Amazon To Build 1,500 New Last-Mile Warehouses In Arms Race With Walmart
Amazon could be looking to add comprehensive last-mile warehouse coverage to major markets on a heretofore unheard-of scale. Having largely recovered from the shipping delays precipitated by the outbreak of [...]
September 2020 Commercial Market Insights
This issue features two pieces. The first piece shows that workers are starting to return to the office although the fraction of workers working from home remains elevated. The second [...]
August 2020 Real Estate Activity Remained Steady at Levels Consistent with pre-COVID-19 Periods
Wake County median prices reached a new high Wake County August 2020 real estate activity remained steady at levels comparable with pre-COVID-19 periods. August activity was overall consistent with June [...]
Commercial property owners & HOAs urged to submit Stormwater Control Measures inspection report
The State of North Carolina requires that all Homeowners Associations (HOAs) and commercial property owners maintain their Stormwater Control Measures (SCMs) to ensure the continued functionality of the stormwater system. [...]
“WakeHELPS” program pays past-due utility bills for residents affected by COVID-19
Wake County is helping its residents keep the lights on, the water running and other utility services active through a new relief program for people struggling to pay utility bills [...]
Renaissance Centre receives $50,000 NEA Cares Act Grant
The National Endowment for the Arts (NEA) has awarded the Wake Forest Renaissance Centre a $50,000 grant as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The [...]