As we enter a new year, there is still a lot of uncertainty when it comes to the U.S. economy, the direction of interest rates and the COVID-19 pandemic. However, for the commercial real estate industry, the projections for 2022 continue to look quite positive.
In this episode, host David Bodamer is joined by Dan Spiegel, senior vice president and managing director with Coldwell Banker Commercial. Dan shares where real estate investors are currently putting their money and what’s new in site selection practices among retail and restaurant tenants. He also discusses the continuing importance of maintaining bricks-and-mortar retail locations even as the trend toward e-commerce continues to grow.
In addition, Dan discusses:
- Major trends that emerged in the commercial real estate market in 2021
- Insights into how secondary and tertiary markets compare to primary markets for CRE investment
- Projections for the major property types in 2022 and how momentum from 2021 will play out in the year ahead
- How retailers and restaurants have adapted to the pandemic environment and what it means for retail real estate
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