The Rise of “Urb-Suburbs”

We tend to think of urban and suburban areas as completely different from one another. One is filled with skyscrapers and crowds, and the other is filled with picket fences and barbeques. However, 2020 has seen the boundaries between these two areas blur. This grey area has created new neighborhoods called “urban suburbs”, or “urb-suburbs” …

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Why Manufacturing Space is Booming During COVID-19

By Don Catalano The manufacturing space is experiencing a surge in demand as COVID-19 impacts retail supply chains. The spread of COVID-19 meant that most purchases shifted towards essential goods. More people desired contactless purchases in a less crowded environment, and this has led to an increase in online shopping. Office spaces are being redesigned and …

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Shifting Demographics to Shape CRE

Millennials recently outnumbered Gen X and Baby Boomers as America’s largest generation. This kind of demographic shift has major implications for commercial real estate. Trends show that younger-age demographics want to settle down in suburban communities in order to escape city life. However, they are not the typical single-family home and mini-van suburbia that immediately …

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Retail Resurrection: The Adaptive Reuse of Malls

Throughout the past decade or so, e-commerce and changes in consumer-spending habits have created a retail apocalypse wherein a significant number of brick-and-mortar stores have closed their doors. The rate of said shut downs has only accelerated due to the coronavirus pandemic. With the closing of thousands of retail stores, including Sears, Macy’s, and J.C. …

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Rethinking Flexible Space

Rethinking Flexible Space in 2020 and Beyond Commercial real estate is constantly being shaped by the latest trends. It seems like standards are always changing and tenant demands are frequently shifting. This can make it difficult for CRE professionals to plan their long-term strategies. While CRE is an industry that requires everyone to stay on …

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Northern Hospitality

Northern Hospitality Unforgettable hospitality is not just a southern thing. Find out why Dan Boecher, Cressy’s Community Development Director is excited about the direction the hospitality industry is taking in the Michiana area. How did you get into the hospitality industry? I started as a commercial lender and my largest loan portfolio was with a …

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