Beyond the E-tail Era by Jennifer Norbut

Beyond the E-tail Era
New factors are shaping retail’s next phase.
by Jennifer Norbut

The sharp rise in e-tailing and its game-changing impact has created a new normal in the retail real estate sector. Major national retailers are evolving their strategies in an effort to “survive and thrive” in this new market dynamic. “The good news is that even though Apple, Netflix, Amazon, eBay, and other online giants killed record stores and video rental shops and are in the process of doing the same to electronics and bookstore big boxes, e-commerce will never replace the brick-and-mortar shopping experience,” says Sean Glickman, CCIM, managing director of Glickman Retail Group in Maitland, Fla. Continue reading “Beyond the E-tail Era by Jennifer Norbut”

11 Ways to Finance Commercial Real Estate Energy Retrofits

11 Ways to Finance Commercial Real Estate Energy Retrofits
by Michael C. Polentz

According to the U.S. Department of Energy, commercial buildings account for 35 percent of U.S. (and 40 percent of global) electricity consumption. Most commercial real estate professionals accept that energy efficient buildings can, and do, impact the value of the underlying asset. Notwithstanding this recognition, existing commercial buildings on average spend 30 percent of their budgets on operating costs and account for close to 20 percent of all global carbon emissions.

While they understand the benefits, the challenge for most commercial real estate owners and operators is not whether to implement energy efficient retrofits, but rather how to pay for or finance such improvements. Continue reading “11 Ways to Finance Commercial Real Estate Energy Retrofits”