Commercial Investment Real Estate January/February 2019 | Page 8

MARKET
TRENDS
New Year, New Possibilities
Want to know the 10 markets with the best overall real estate prospects for 2019? Urban Land Institute and PwC recently named the
areas below in the 40th edition of Emerging Trends in Real Estate. The firms interviewed 750 real estate professionals and surveyed an
additional 1,630 on a wide variety of real estate issues and trends to arrive at the decision.
Dallas-Fort Worth
New York–Brooklyn
Raleigh/Durham, N.C.
Orlando, Fla.
Nashville, Tenn.
Austin, Texas
Boston
Denver
Charlotte, N.C.
Tampa/St. Petersburg, Fla.
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Construction’s
Digital Future
Global construction technology, or con-tech, is
becoming increasingly attractive to investors, accord-
ing to The State of Construction Technology, a recent
JLL report. The field is ripe for growth; the report
notes that the construction sector is one of the least
digitized, and $1.05 billion was invested in con-tech
startups in the first half of 2018. The largest number
of startups focused on collaboration software, offsite
construction, and project management, but others
focused on areas such as financial management;
3D visualization and drones; and aerial intelligence.
6
January | February 2019
Industrial Occupiers
Although e-commerce occupiers need larger buildings, the category was
actually fourth in the number of 1,877 transactions for industrial properties
over 100,000 sf, from October 2017-October 2018.
Top Five Industrial Occupiers
Third-party logistics
and packaging
29.2%
20.8%
General retail and wholesale
16.8%
Manufacturing
E-commerce
Food and beverage
10.7%
9.5%
Source: Colliers
COMMERCIAL INVESTMENT REAL ESTATE