4 Ways to Disrupt the Commercial Real-Estate Market

With many companies using the Covid-19 pandemic as an opportunity to downsize their offices and transition to a more remote workforce, some real-estate companies have undeniably struggled.

To say that commercial real estate has undergone significant disruption over the last year feels like an understatement, to say the least. With many companies using the Covid-19 pandemic as an opportunity to downsize their offices and transition to a more remote workforce, some real-estate companies have undeniably struggled.

On the other end of the spectrum, ever-increasing demand for apartment housing has helped fuel record-breaking real-estate investment volume in recent months.

All of this goes to show that 2021 is rife with both challenges and opportunities — and that the commercial real-estate industry is poised for even more disruption.

Here are four ways you can get in on this disruption.

  1. Invest in co-working spaces
    The way people work has changed dramatically over the last few years. Click to read more at www.entrepreneur.com.

The Pandemic Push: U.S. Eaters Driving Back Up to the Fast-Food Chains

The COVID-19 pandemic has hit different retail sectors in different ways. And many retailers are counting on a strong holiday shopping season to rescue their years. But one slice of the retail world has thrived during the pandemic: fast-food restaurants with drive-throughs.

That’s confirmed by the latest research from TOP Data, which analyzed the number of visits U.S. consumers made to the 20 biggest fast-food restaurants in the country. The result? Since the start of 2021, U.S. consumers have increased their visits to fast-food restaurants by 33.06 percent.

TOP Data separated fast-food chains into four major categories: burger chains, Mexican food chains, fried chicken chains and pizza chains. The company found that U.S. visits to burger chains have increased a whopping 54.5 percent since the start of 2021.

Consumers have visited Mexican food chains 32.1 percent more since the start of 2021 and fried chicken restaurants 29.5 percent. U.S. visits to pizza chains have jumped 16.2 percent since the start of the year.

Of course, TOP Data is comparing these visits to the ones consumers made to these restaurants in 2020. That does skew the numbers a bit. Last year, many consumers stayed home because of the pandemic. It makes sense, then, that visits to fast-food restaurants would jump this year.

But the jumps TOP Data has seen are impressive. TOP Data points to the changes many restaurants made last year to combat the pandemic. These include a greater reliance on drive-through service, curbside pickup, an increae in their delivery services and new menu items.

Which restaurant chains, then, have seen their business soar the most so far this year? In the burger chain category, Sonic leads the way. TOP Data found that the number of visits U.S. consumers made to this chain so far in 2021 have jumped by 102 percent when compared to the visits they made last year.

McDonald’s came in second in the burger category, seeing its visits jump 59 percent this year, while Wendy’s pulled into third place with visits rising by 43 percent.

In the Mexican food category, El Pollo Loco saw visits by diners rise 39 percent so far in 2021, while Taco John saw these visits increase by 37 percent and Del Taco by 32 percent.

KFC saw the most growth in business so far this year in the fried chicken category, with visits by consumers jumping 49 percent in 2021. Chick-fil-A saw its visits jump by 33 percent, while Popeyes saw its visits rise by 23 percent.

And for pizza chains, Papa Murphy’s led the way with a jump of 19 percent in visits so far this year. Visits to Pizza Huts jumped 18 percent, while those to Little Caesers Pizza increased by 16 percent.

Embrey Acquires Retreat at Chelsea Park in Selma, TX

SELMA, Texas, Oct. 27, 2021 /PRNewswire/ — Embrey Partners, LLC, a San Antonio-based diversified real estate investment company, has expanded its multifamily portfolio in Central Texas with the acquisition of Retreat at Chelsea Park in Selma, Texas.

Embrey’s purchase of the high-quality, 280-unit property built in 2006 closed on October 27 in a sale brokered by Patton Jones of Newmark. Embrey will benefit from the community’s prime location along the I-35 corridor in the northeast sector of San Antonio’s metropolitan area that has seen high rental demand in recent years. The nationally recognized, award-winning Embrey Management Services will take over management of the community.

Retreat at Chelsea Park is the first closing of Embrey’s recently introduced acquisition group led by Alex Sampson, Vice President of Acquisitions. The newly formed group is aggressively seeking multifamily procurement opportunities across high-growth Texas and Sunbelt markets. Click to read more at www.prnewswire.com.

Lennar Homes Plans To Build A Neighborhood Of 3-D Printed Homes In Austin

3D-printed housing has arrived and is ready for the big time. Homebuilding giant Lennar Homes has committed to building the largest neighborhood of 3D-printed homes yet developed. Breaking ground in early 2022 in the Austin area, the 100-home innovative community is co-designed by BIG-Bjarke Ingels Group, using ICON’s building technology.

The announcement deepens a relationship that began with Lennar’s investment in Austin-based ICON’s recent $207-million financing round and offers a promising path toward delivering affordable, technology-driven homes that meet rising demand.

There is a shortage of housing in the country, and labor and materials shortages are a frustrating bottleneck for the homebuilders. 3D printing construction has the potential to deliver better, more resilient, more sustainable and energy-efficient homes at stunning speeds, with less waste and more design freedom.

Lennar’s investment in ICON’s Series B financing round in August was facilitated by LENX, which drives a focused strategy within Lennar to integrate technology solutions across the home building industry. Click to read more at www.forbes.com.

Shipley Do-Nuts Plans ‘Experiential HQ’ at Former Finger Furniture Site

Shipley Do-Nuts broke ground on a new headquarters near downtown that will bring new life to the former Finger Furniture warehouse near the Gulf Freeway at Cullen Boulevard.

Shipley officials gathered with community leaders Thursday to unveil plans for a flagship 60,000-square-foot building on the site, which also was home to minor league baseball teams at Busch (Buff) Stadium from 1928 until 1961. The Houston Buffaloes were a St. Louis Cardinals minor league team beginning in 1920.

“This is our field of dreams. Where we’re standing is the very first minor league ball team ever associated with Major League Baseball,” said Shipley CEO Clifton Rutledge, celebrating an expansion that marks the company’s 85th anniversary. “We’re very proud to be here.”

The headquarters, which will consolidate four locations along North Main and serve as a training center for franchisees, is part of a 16-acre development by Houston-based Lovett Commercial in the East End. It is the only structure on the former Finger Furniture campus to be salvaged. Click to read more at www.houstonchronicle.com.

Tight, Dynamic & Evolving: Texas Industrial Experts Discuss Record-Setting Market

Industrial CRE experts in Texas have seen just about everything over the course of their careers. Even so, where the market stands today is a first for many.

“With some of our older vintage/infill product, we are seeing rental rate increases of 40 to 60 percent on average,” shares Canon Shoults, managing principal at Holt Lunsford Commercial. “Whether renewals or new deals, lease rates have been on the move every 30 to 60 days.”

That’s just one example of the red-hot industrial sector, what JLL-Austin executive vice president Ace Schlameus describes as “tight, dynamic and evolving.”

“Like every market, the e-commerce explosion is driving demand, but in Austin we have the added increase with the population growth due to the masses of people moving to Central Texas,” Schlameus adds.

Davis Bass, industrial project partner at HPI in Austin, sees the same driver: “With more rooftops in Austin, the city needs more places to store toothbrushes, restaurant supplies, building materials, and other goods.”

Zane Cole, who is also an EVP with JLL-Austin, attributes some of the demand to a spike in automobile manufacturing and vendors looking to be a part of production that is starting as soon as the end of the year. Click to read more at www.rednews.com.