via Retail Dive Just a few weeks into 2022, the retail industry has already seen signs for what the year ahead could bring — some good and some bad. President Biden’s vaccine mandate for large employers was struck down by the Supreme Court in mid-January, but that doesn’t mean retailers are done dealing with vaccine regulations. […]
by Patricia Kirk / via wealthmanagement.com The pandemic and the concurrent increase in demand for grocery deliveries have pushed up the need for cold storage. Now, this trend is changing the calculations surrounding the development of cold storage projects. Cold storage facilities are expensive to build, costing from $250 to $350 per sq. ft. compared to $100 […]
by Patricia Kirk / via WealthManagement.com The past few years have brought cannabis legalization to multiple states, giving real estate investors a new alternative asset class to put their money into. It looks like this trend is only going to intensify in the months ahead. As we get further into 2022, all U.S. states without current medical […]
by Mikelle Leow “Guess how old I am” is one of the most infuriating icebreakers and often concludes with no winners—but might artificial intelligence beat humans at that game? German-owned grocery chain Aldi is betting its money on the machine at its first contactless concept store in Greenwich, southeast London, where age-estimation technology is being trialed. […]
by Greg Ryan| via bizjournals.com Alexandria Real Estate Equities Inc. plans to construct three buildings with a mix of lab and office space at the Watertown Mall, according to a recently unveiled proposed master plan for the property. The proposal includes 500,000 square feet of lab and office space at the mall site, along […]
by Andy Medici| via bizjournals.com Restaurants that did not receive grants from the Restaurant Revitalization Fund are more likely to declare bankruptcy in the coming months — and the industry as a whole has suffered due to the Omicron variant. The bleak findings are from a January survey of 1,200 restaurants and bars by the […]
by Greg Petro | via forbes.com Year three of the COVID-19 pandemic begins with the retail industry battle-weary but having weathered and, in some cases, even capitalized on an epic worst-case management crisis. The good news is that the retail apocalypse of 2020, having cleared the field of weak competitors, spurred surviving brands and companies […]
A new study conducted by the University of California at Berkeley and Lawrence Berkeley National Laboratory has made a connection that may help real estate lenders issue safer loans. Trepp reports that there is a tight correlation between efficient energy use and the likelihood of loan default. The study, funded by the Department of […]
As Boston undergoes a long-term growth strategy to develop and enhance specific neighborhood areas through community planning and land use, the commercial market demand for these areas will increase. The presence of major corporate residents has a cascading effect for corporate leasing opportunities with companies looking to expand their operational presence to attract top talent. Small […]
photo by: http://www.care2.com/greenliving/a-farm-to-table-restaurant-with-organic-appeal.html Farm-to-table is the new trend, and Boston’s restaurant scene has really picked up on it. From sourcing ingredients from local food vendors and becoming a true part of the neighborhood, farm-to-table restaurants are receiving tremendous success right now. Most of these farm-to-table restaurants have an atmosphere different from any other type of […]
