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Commercial Real Estate News for Tuesday, Aug. 8

In today’s commercial real estate news – we’ll look at how multifamily developers try to solve the parking challenge, how strong demand for industrial space has lenders competing for loans, and how commercial real estate in Buffalo shows no signs of slowing down.

Multifamily Developers Try to Solve the Parking Challenge

If developers build too much parking, the empty spaces may be difficult to repurpose for any other use.

According to investor surveys, industrial real estate is the number one asset class preferred by investors and is currently considered the best opportunity for reliable returns.

It’s hard to believe that only three years ago the $15 trillion commercial real estate industry had virtually no software support and was vastly underserved by available technology.

BLJ: Commercial real estate still abuzz

Commercial real estate in Buffalo is a hot commodity and it shows no signs of slowing down.