Small businesses in Washington state face significant challenges when it comes to purchasing commercial real estate, often hindering their potential for expansion and economic contribution. To tackle this problem, the Washington Department of Commerce is now administering a groundbreaking $26
Tucson is taking an innovative approach to address its affordable housing crisis by repurposing old commercial buildings. This strategy aims to transform unused and often neglected structures into livable spaces for individuals and families in need of affordable housing options. This initiative
The bustling city of Tulsa is experiencing an impressive phase of new commercial construction activities, expansions, and significant renovations valued above $80,000. With the issuance of numerous commercial building permits by the city authorities, the development landscape is evolving,
Energy efficiency in commercial buildings is a critical concern as plug loads—energy consumed by devices such as printers, copiers, vending machines, coffee machines, and refrigeration units—can constitute a significant portion of a building's total energy use. These plug loads are notoriously
The commercial real estate landscape in Florida is experiencing dynamic shifts influenced by technological advancements, economic changes, and evolving consumer preferences. This analysis aims to delineate the anticipated trends for 2024, examining the interplay of smart technologies,
The leading index for commercial real estate, as measured by the Dodge Momentum Index (DMI), saw a 5% decline in October 2024 from the preceding month, dropping to 197.2 from 208.2. Despite this monthly retreat, the DMI remains 13% higher than in October 2023, indicating strong year-over-year