As we prepare for the upcoming year, there’s no better time to reflect on the industry trends that shaped commercial real estate in 2015. The nation’s recovering economy, growing millennial workforce and ever-changing consumer preferences are just a few of the many factors that played a role in transforming CRE. Take a look at four…
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By Callan Sherrod The millennial generation – those born between 1981 and 2000—currently represents 38 percent of the work force. Office, industrial and multifamily sectors will all likely be impacted by the desires and demands of this fast-paced generation. There have been several conversations surrounding the power that millennials will have on the workplace as…
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As an active member of the Birmingham community, we were thrilled to have the opportunity to participate in local organizations’ community events over the past few months. Most recently, team members enjoyed supporting the Alabama Wildlife Federation in the Wild Game Cook Off and hosting our own friends and family at the J.H. Berry Dove…
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By John Hardin When looking at commercial real estate, the almost never-failing question for a business owner revolves around whether to lease or buy property to fulfill office space needs. While the answer is different for each individual company, there are a few things to keep in mind when considering these two options. Growth How…
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By Edwin Moss With e-commerce giants like Google and Amazon expanding services globally, it is inevitable that the commercial real estate industry will evolve to support these operations. According to a study from CMO.com, online retail sales were $231 billion in 2012 and are expected to reach $310 billion in 2017. While many businesses are…
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By Philip Currie Buying or leasing commercial real estate can be a complex process. As a business owner, you want to protect your company and make the best financial decisions, but your expertise most likely lies in a different market. For experienced brokers and tenant representatives, commercial real estate jargon is used every day, but…
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J.H. Berry & Gilbert: Purchase of TekLinks’ headquarters for $3.6 million The purchase of TekLinks’ headquarters came with both challenge and reward. In 2015, J.H. Berry was given the opportunity to represent a local investor in the sale of TekLinks’ headquarters which was purchased by Gladstone Commercial Corp., a real estate investment trust. Details of TekLinks’…
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