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ICSC (RECon) Executive Summary: Four Commercial Construction Trends

HardHatChat

The tone of the attendees at ICSC’s “Global Retail Real Estate Convention” (RECon) in Las Vegas last month was as positive and energizing as it was in the commercial construction boom years before 2008. Retailers are starting to feel more confident and expansions are on the horizon. Business is good. Overall, confidence is high.

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Phases of Commercial Real Estate Development

Construction Marketing

Commercial real estate development involves the process of acquiring, designing, constructing, and leasing or selling commercial properties such as office buildings, retail centers, and industrial parks. You must secure financing for the project. Read more on the proper steps to ensure your commercial investment runs smoothly.

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Industry Focus – Retail: Less Than Six Degrees of Separation

Buisness Facilities Contributed Content

R etailing involves buying large quantities of goods and selling them in smaller quantities to consumers for a profit. Retail accounts for more than $2 trillion in total GDP impact with consumer spending accounting for more than two-thirds of the U.S. By the BF Staff From the March/April 2016 Issue. Credit: City of Cape Coral).

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Maybe We Should Rethink LEED Laws

Green Building Law Update

But then I came across a press release while I was at Greenbuild: Destiny USA in Syracuse Aims to be America's Largest LEED® Gold Certified Commercial Retail Project; More than 100 Tenant Retail Spaces to Also be Certified. The USGBC is a non-profit entity responsible for the LEED rating system.

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Why Builders Wait to See Lower Lumber Prices

Pro Builder

Retailers and wholesalers do their best to buy low and sell high. Participants in the lumber supply chain have an incentive to maximize profit margins when prices are rising and to avoid absorbing losses when prices start to recede. In economics jargon, the “street” prices paid by builders are “sticky.” For more, visit nahb.org.

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BookItOut Expands Global Reach With New NYC Location

Buisness Facilities Contributed Content

Serving automotive finance companies in six countries, BookItOut has opened its newest location in New York City. The expansion into Lower Manhattan positions BookItOut among the world’s largest financial institutions as its influence grows in the automotive finance industry. Posted by Heidi Schwartz.

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Oregon Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Oregon Business Development Fund (OBDF): A revolving loan fund that provides term fixed-rate financing for land, buildings, equipment, machinery and permanent working capital. The program is designed for non-profit and for-profit businesses seeking funds for most business purposes. Additional cash payment of up to 16.2%

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