by Sarra Hochberg | Jan 6, 2025 | Articles
With the rise of e-commerce and changing consumer behaviors, many traditional ‘brick and mortar’ properties have struggled to remain viable. But rather than letting these underperforming spaces sit vacant, innovative developers across the country are leading the...
by Sarra Hochberg | Oct 10, 2024 | Articles
The office market is experiencing a dramatic shift, with vacancy rates projected to soar to nearly 21% by the close of 2024, according to research from NAIOP. The growing prevalence of hybrid work models has significantly curtailed demand for traditional office...
by Sarra Hochberg | Nov 14, 2023 | Articles
With an abundance of empty office space and a shortage of affordable housing, people ask, “Why don’t we just convert the space to housing?” More than 10,000 residential units were created nationwide through conversions last year, and tens of thousands more are...
by Sarra Hochberg | Apr 4, 2023 | Articles
As we discussed in part 1 of our Adaptive Reuse Deep Dive, this trend is understandably becoming more and more desirable for cities and developers alike. In part 2, we are outlining the appeal of adaptive reuse for developers, the environmental and economic benefits...
by Sarra Hochberg | Apr 4, 2023 | Articles
Adaptive reuse in commercial real estate refers to the process of redeveloping a building or property type into a new property, typically to meet higher demand in that sector. Adaptive reuse apartments have recently become a popular subject of discussion, as US office...
