Commercial Real Estate in 2018

Posted on January 25, 2018

A new year often brings an influx of new deals and acquisitions. January uncovers a real estate revitalization of motivated buyers and sellers. This is not due to a sudden availability of properties, however. Instead, it is a reflection of typically quiet Decembers, in which new transactions rarely begin. This year is no different.

 

Slow and steady growth may be the expectation for 2018, but around the country, trends are rapidly emerging. For example:

• Seattle is already a hot market in 2018 and will be joined by other cities as high-tech companies, such as Amazon, expand and impact regional development across the country.
• Retail is changing. It is not going away. Retail will continue its evolution, and successful companies will adapt to the new ways of technology-driven shoppers. Thriving shopping centers have responded to consumer demands and are prioritizing experiences over buying “things.”
• Retail bankruptcies and losses are predicted to taper off after a busy 2017.
• Investment-market activity should continue unabated thanks to many provisions of the new tax plan, including the continuation of like-kind exchanges of real property.

The team at Orion works with investors, developers, property owners and brokers through all phases of real estate transactions, from strategic planning and analysis to financing, negotiation, property management and disposition. For more information, call (305) 278-8400 or email info@orionmiami.com.