The cost to destroy large shipping containers is exorbitant. Instead, they tend to linger in ports, rusting away – that is until now. Some out-of-the-box thinking has found a new use for these monstrosities; turning them into livable spaces. The idea of converting shipping containers into homes, offices, and multi-family developments could be the next big CRE architecture trend.

In June the U.S. economy entered its 96th month of economic expansion, the third longest in U.S. history since 1854.

These days, technology is changing faster than ever. Keeping up to date seems like a never ending cycle. It’s easy to forget that the smartphone emerged only ten years ago, and now it is ubiquitous. Here are some of the technologies that you should be keeping your eye on in 2018 and the future.

Companies ranging from the big automakers in Detroit to tech firms in Silicon Valley are pouring research dollars into driverless cars, and this development is projected to completely change the future of commercial real estate. This transition creates opportunities for new investment as well as challenges for existing properties.

As getting real estate right is so crucial, yet so difficult, for companies in China, the author has listed five kinds of mistakes that companies make time and time again.

There is clear evidence that Germany’s financial capital, Frankfurt am Main, is growing its reputation as Europe’s banking center by adding banking service units from at least a dozen financial services firms or units.

With the commencement of the 2017-2018 school year, we turn our attention in this column to highlighting what some of our people are doing to support the commercial real estate community.  NAI Global professionals are involved in dozens of community-based organizations throughout the U.S. and across the globe, but one association engagement stands out.

The multifamily market is facing a transition time. Transaction volumes have dropped from a record setting 2016 as rent growth is softening and new projects are coming online. Opportunities still present themselves, however, care needs to be taken to ensure the financials of a potential purchase make sense. More than any time since the bubble burst in 2009, choosing the best market for your investment is key.

Few cities in America have enjoyed the population growth that Atlanta has post-World War II. In 1950, according to Bloomberg, Atlanta had 670,000 residents and today, its population has grown to 6 million. Atlanta went from the 23rd largest metro area in the U.S. to its current status at #9. Good climate, excellent quality of life offset by reasonable cost of living expenses, infrastructure investing..

Last week this space provided gross domestic product statistics on the Southeastern states of Florida, Georgia, Alabama, South Carolina, North Carolina and Tennessee, and discussed commercial real estate trends in Raleigh and surrounding cities. Here is the rest of the story.

A recently published statistic by Urban Land Institute (ULI) reported that collectively, the six southeastern states of Alabama, Florida, Georgia, North Carolina, South Carolina and Tennessee would form the 6th largest country in the world from a GDP standpoint. Plus, over the last four years the Southeast has also experienced the greatest population growth in the United States.

With dramatic turns around every corner in 2017’s rental market, it is hardly unrealistic to expect that changing times will persist into the coming year. Let’s take a look at some of the characteristics that will make up the renter pool in the year 2018.