CREI Weekly Update: February 22nd, 2021
Welcome to the very first episode of The Commercial Real Estate Investor Weekly Update (or the CREI Weekly Update if you’re not up for a mouthful) where each week we’ll be sharing the biggest commercial real estate news stories from around the country. We’ll be covering the Nashville market (where I’m based), which markets to watch, office / retail / industrial / and multifamily updates, and I’m gonna throw a wildcard at you each week from some topic or trend I feel is worth talking about.
Tune in Mondays at 5:30pm CST to ask your questions live!
Articles Mentioned:
○ https://www.bizjournals.com/nashville/news/2021/02/04/river-north-update.html
○ https://www.hastingsarchitecture.com/project/river-north/
○ https://fox17.com/news/local/renderings-released-of-possible-massive-renovation-to-nissan-stadium-in-nashville-tennessee-titans-nfl
○ https://www.costar.com/article/965304351/chattanooga-erases-polluted-past-with-fast-internet-focus-on-tennessee-river-for-downtown-revival
○ https://www.timesfreepress.com/news/business/aroundregion/story/2021/feb/09/pc-magazines-says-chattanooga-best-city-america-remote-work/541307/
○ https://www.bisnow.com/dallas-ft-worth/news/office/48-of-corporate-real-estate-pros-expect-office-footprints-to-shrink-post-pandemic-107714
○ https://www.perenews.com/exeters-fitzgerald-40-of-office-assets-will-become-obsolete/
○ https://therealdeal.com/national/2021/02/10/salesforce-employees-can-work-from-home-forever/
○ https://therealdeal.com/national/2021/02/01/knotel-files-for-bankruptcy-set-to-be-bought-by-newmark/
○ https://www.globest.com/2021/02/11/big-box-cap-rates-drop/
○ https://www.bisnow.com/new-york/news/retail/plummeting-rents-retail-concepts-fifth-avenue-soho-107704
○ https://www.perenews.com/cold-storage-real-estate-investors-warm-to-the-sector/
○ https://www.perenews.com/post-covid-is-the-logistics-sector-the-new-office/
○ https://www.bisnow.com/national/news/construction-development/construction-still-delayed-supply-shortages-delays-high-prices-107689
○ https://www.bisnow.com/national/news/multifamily/apartment-developers-rethinking-small-units-in-response-to-pandemic-107654
○ https://marker.medium.com/how-a-shadow-army-of-ghost-kitchens-took-over-americas-restaurants-b7ac1a099c8c


I brought 20 architecture students from the University of Tennessee at Chattanooga to Peerless Mill, a 1.5 million square foot historic mill campus in Rossville, Georgia that we're bringing back to life. They walked the buildings for the first time and pitched what this place could become. If a good idea comes out of this design charrette, there's a real chance we build it. This is Part 1.