Rosenfeld Realty Advisors

@rosenfeldcre.bsky.social

3 weeks ago

Trader Joe’s to anchor tenant plaza on West Palm Beach southern border Trader Joe’s has revealed the worst-kept open secret on West Palm Beach’s South End: the future location of its newest South Florida store.

I can almost hear people celebrating in West Palm Beach with the announcement of Trader Joe’s coming! They are going to kill it there!

#RosenfeldRealtyAdvisors #CommercialRealEstate #FL #FriYAYTomorrow #RetailToday

Rosenfeld Realty Advisors

@rosenfeldcre.bsky.social

3 weeks ago

As American retail store anchors fade, private clubs are taking over more commercial real estate Affluent consumers are key to retail centers as the K-shaped economy hits lower-end shoppers hard, and that's leading the private club concept to more cities.

While we have yet to see this in Florida, retail anchor spaces around the U.S. are being replaced by high end private clubs. I could definitely see this happening here and very soon!

#RosenfeldRealtyAdvisors #CommercialRealEstate #FL #FriYAYTomorrow #RetailToday

Rosenfeld Realty Advisors

@rosenfeldcre.bsky.social

3 weeks ago

NRF: Core retail sales inch up in January in fourth consecutive monthly gain Retail sales rose modestly in January as consumers continued to show resilience.

In January retail sales were up, but not by much. It is the 4th month in a row they have risen, defying the slumping economy.

#RosenfeldRealtyAdvisors #CommercialRealEstate #FL #FriYAYTomorrow #RetailToday

Rosenfeld Realty Advisors

@rosenfeldcre.bsky.social

3 weeks ago

Disappointing holiday season: December retail sales were flat, falling well short of estimate Consumer activity slowed sharply for the December holiday shopping season.

Today is the right day for retail! It is strange, after some big holiday sales headlines, it turns out December retail sales were flat, falling far short of estimates.

#RosenfeldRealtyAdvisors #CommercialRealEstate #FL #FriYAYTomorrow #HeatTonight

Rosenfeld Realty Advisors

@rosenfeldcre.bsky.social

11 months ago

Miami-Dade County Commission Approves $3 Billion Mixed-Use Development Miami — The Miami-Dade County Commission has granted final approval for Little River District, a $3 billion mixed-use development in Miami’s Little - Architecture and Design, Development, Florida, Mix...

Today just seems like the right day to talk about multifamily! This new mixed use project in Miami is finally going to deliver some very badly needed affordable and workforce housing units, 5,700 of them on 63 acres.

#RosenfeldRealtyAdvisors #CommercialRealEstate #FL #FriYAYTomorrow #AlmostThere

Rosenfeld Realty Advisors

@rosenfeldcre.bsky.social

1 year ago

KFC headquarters to move out of Kentucky The corporate offices of KFC are leaving the state where the quick-serve chain was founded some 95 years ago.

Does anyone else appreciate the humor in the fact that Kentucky Fried Chicken is finally moving its headquarters out of Kentucky to Texas? No plans to change the name to Texas Fried Chicken yet but who knows??
#RosenfeldRealtyAdvisors #CommercialRE #FL #RetailToday #FriYAYTomorrow

Rosenfeld Realty Advisors

@rosenfeldcre.bsky.social

1 year ago

Shake Shack expands robotic sidewalk delivery to new metro area A quick serve hamburger chain is rolling out a partnership with Uber Eats and Serve Robotics beyond Los Angeles.

Shake Shack becomes the latest retailer 2 use Serve Robotics 2 deliver UberEats in Miami. Anyone who has been there lately (me) can attest 2 the fact that these lil bots r delivering everywhere & have already become commonplace
#RosenfeldRealtyAdvisors #CommercialRE #FL #RetailToday #FriYAYTomorrow

Rosenfeld Realty Advisors

@rosenfeldcre.bsky.social

1 year ago

Warby Parker to open in-store shops at Target Customers at select Target stores will soon be able add Warby Parker glasses to their shopping list.

I love this, Target is taking a page from the Walmart in store playbook by adding outside retailers to their stores. The first in store partner announced is the eyewear company Warby Parker, a great fit.
#RosenfeldRealtyAdvisors #CommercialRealEstate #FL #RetailToday #FriYAYTomorrow

Rosenfeld Realty Advisors

@rosenfeldcre.bsky.social

1 year ago

Off-price leader TJX announces 2025 brick-and-mortar expansion plans as it passes 5,000 stores TJX, parent company to off-price leaders like TJ Maxx and Marshalls, reported 4% sales growth during its full-year fiscal 2025 meeting on Wednesday. The executive team also used the opportunity to sha...

RETAIL!! TJX is just killing it out there these days, and their expansion plans reflect that. They are planning on opening 130 new stores in 2025, that is an incredible amount!!
#RosenfeldRealtyAdvisors #CommercialRealEstate #FL #RetailToday #FriYAYTomorrow

Rosenfeld Realty Advisors

@rosenfeldcre.bsky.social

1 year ago

Office Space Demand May Not Recover for Decades, McKinsey Predicts McKinsey revisited its predictions about the office market from eighteen months ago.

A very grim office forecast from elite consulting firm McKinsey. Looks like things might not change for the better until 2030, and that is a maybe.
#RosenfeldRealtyAdvisors #CommercialRealEstate #FL #ItsAlmostFriYAY #OfficeToday #FriYAYTomorrow

Rosenfeld Realty Advisors

@rosenfeldcre.bsky.social

1 year ago

Coffee Badging Is The New Workplace Trend Where Employees Go In To Grab A Coffee, Say Hi and Avoid A Full Day At The Office A relatively new buzzword is making the rounds in workplaces: coffee badging. This trend is reshaping how people engage with office culture and if you're a hybrid worker, you might be part of this mov...

This is pretty funny, for comm'l real estate humor. Have you ever heard the term coffee badging? It is when employees show up in the morning, have coffee & make themselves seen and then go home to work!
#RosenfeldRealtyAdvisors #CommercialRealEstate #FL #ItsAlmostFriYAY #OfficeToday #FriYAYTomorrow

Rosenfeld Realty Advisors

@rosenfeldcre.bsky.social

1 year ago

Amazon’s RTO Policy is Driving Foot Traffic Up in Seattle Downtown Seattle recorded the second-highest daily average for foot traffic since March 2020.

Ironically one thing that happens when you force employees back to the office is that the retailers in the surrounding area benefit tremendously.
#RosenfeldRealtyAdvisors #CommercialRealEstate #FL #ItsAlmostFriYAY #OfficeToday #FriYAYTomorrow

Rosenfeld Realty Advisors

@rosenfeldcre.bsky.social

1 year ago

Home sales in Miami by foreigners have really dried up. It is down $2 billion dollars this year and is at the lowest point in nine years.
#RosenfeldRealtyAdvisors #CommercialRealEstate #FL #MultifamilyToday #FriYAYTomorrow

Rosenfeld Realty Advisors

@rosenfeldcre.bsky.social

1 year ago

Homeless Trust may build tiny homes in Miami-Dade As Miami strives to achieve functional zero homelessness, the city is increasing its shelter bed capacity with a $2 million funding boost while revisiting tiny homes as a possible long-term housing so...

Tiny homes coming soon to Miami!! Also great to learn that a community of tiny homes was already built in Tallahassee a couple of yrs ago. The homes are going to be built using modular housing tho, not 3D printing.
#RosenfeldRealtyAdvisors #CommercialRealEstate #FL #MultifamilyToday #FriYAYTomorrow

Rosenfeld Realty Advisors

@rosenfeldcre.bsky.social

1 year ago

Home prices soared in all 50 major metros in December A Redfin report found that Cleveland saw the biggest jump in December, as the budget-friendly market heats up....

How about some multifamily today? Home prices, already too high, rose in all 50 major metro areas in the U..S. last month. I will bet that they will rise even more this month.
#RosenfeldRealtyAdvisors #CommercialRealEstate #FL #MultifamilyToday #FriYAYTomorrow

Rosenfeld Realty Advisors

@rosenfeldcre.bsky.social

1 year ago

CRE Experts Pessimistic About More Rate Cuts in 2025 To make matters worse, borrowing is still expensive.

You know I have been saying this for a while now but it is always refreshing to see someone else saying the same thing! All you interest rate cut watchers are going to have a very tough year and don't be surprised if they go up.
#RosenfeldRealtyAdvisors #CommlRE #FL #EconomyToday #FriYAYTomorrow

Rosenfeld Realty Advisors

@rosenfeldcre.bsky.social

1 year ago

US Economy Surpasses Expectations With 256,000 Jobs Added in December WASHINGTON, D.C. — The U.S. economy added 256,000 nonfarm payroll jobs in December, according to the U.S. Bureau of Labor Statistics (BLS). This figure exceeds the 155,000 jobs that Dow Jones economis...

The job market stayed strong in December, exceeding expectations by a lot! But I think there is a lot of caution in the market now, with people not knowing where looming trade tariffs will land and on whom.
#RosenfeldRealtyAdvisors #CommercialRealEstate #FL #EconomyToday #FriYAYTomorrow

Rosenfeld Realty Advisors

@rosenfeldcre.bsky.social

1 year ago

Minimum wage increases go into effect in these 21 states Washington, California and New York now offer workers the highest minimum wage in the country.

Today just feels like the right day to talk about the economy! A tried and true way to pump money into the economy is raising the minimum wage, which just happened in 21 states.
#RosenfeldRealtyAdvisors #CommercialRealEstate #FL #EconomyToday #FriYAYTomorrow

Rosenfeld Realty Advisors

@rosenfeldcre.bsky.social

1 year ago

Developer Plans 800 Apartments Above Costco, Including Low-Income Units The $425 million project has been two years in the planning.

It is amazing we don't see more multifamily like this, affordable housing apartments being built above retail, like this one above a Costco in L.A.
#RosenfeldRealtyAdvisors #CommercialRealEstate #FL #AffordableHousing #ByAllMeansNecessary #GotToMakeMore #FriYAYTomorrow

Rosenfeld Realty Advisors

@rosenfeldcre.bsky.social

1 year ago

Palm Beach County rental market one of top 10 "hottest" nationwide as competition for units climbs The average rent for an apartment in West Palm Beach as of late December ranged from $1,650 for a studio to $2,525 for a two-bedroom unit.

On the other hand, the Palm Beach County multifamily rental market is in the top 10 small markets in the U.S. There's an average of 13 people vying for each available rental apartment.
#RosenfeldRealtyAdvisors #CommercialRealEstate #FL #MultifamilyToday #FriYAYTomorrow

Rosenfeld Realty Advisors

@rosenfeldcre.bsky.social

1 year ago

Tech companies like Amazon are investing transformative amounts of $ into the places that are allowing them 2 bld data ctrs there. Since 2022 Amazon has invested in $23.8 BB dollars worth of data ctrs in OH w lots more on the way.
#RosenfeldRealtyAdvisors #CommlRE #FL #EconomyToday #FriYAYTomorrow

Rosenfeld Realty Advisors

@rosenfeldcre.bsky.social

1 year ago

US Economy Posts Strong Rebound in November by Adding 227,000 Jobs WASHINGTON, D.C. — The U.S. economy added 227,000 jobs in November, according to the U.S. Bureau of Labor Statistics (BLS). The figure is a strong rebound from October when the economy added 36,000 jo...

Last month was indeed a blip as the economy beat expectations adding 277,00 jobs in November.
#RosenfeldRealtyAdvisors #CommercialRealEstate #FL #EconomyToday #FriYAYTomorrow #AfterThatHappyHolidays

Rosenfeld Realty Advisors

@rosenfeldcre.bsky.social

1 year ago

Another Quarter-Point Rate Cut But the Fed Signals a Slower Pace in 2025 Rising inflation expectations make the FOMC take a step back.

Economy today!! As expected, the Fed cut interest rates yesterday, just a quarter of a point. There might not be another in 2025 and possibly even an increase in the event of a trade war.
#RosenfeldRealtyAdvisors #CommercialRealEstate #FL #EconomyToday #FriYAYTomorrow

Rosenfeld Realty Advisors

@rosenfeldcre.bsky.social

1 year ago

This climate startup is challenging Tesla in the race to electrify big rigs Unlike its rivals, California-based Range Energy is focused on electrifying trailers, not tractors.

Companies of all sizes are in a race to see who can perfect and get to market the electric version of long haul trucks. It is going to happen, the only questions are who will do it first and when.
#RosenfeldRealtyAdvisors #CommercialRealEstate #FL #IndustrialREToday #FriYAYTomorrow

Rosenfeld Realty Advisors

@rosenfeldcre.bsky.social

1 year ago

Industrial Rent Growth Rises Nationwide as Miami Takes the Lead Meanwhile, vacancies were up in October while sales volume fell.

With less product being built the time is right to raise industrial rental rates. Miami leads the U.S. with the highest industrial rental rates now.
#RosenfeldRealtyAdvisors #CommercialRealEstate #FL #IndustrialREToday #FriYAYTomorrow

Rosenfeld Realty Advisors

@rosenfeldcre.bsky.social

1 year ago

Industrial Pipeline Keeps Slowing Nationally only 1.8% of existing stock is under new construction, according to Yardi Matrix.

Industrial today!! As commercial real estate trends back towards pre-pandemic normalcy, construction of new industrial is slowing, not coincidentally at the same time as construction prices have risen.
#RosenfeldRealtyAdvisors #CommercialRealEstate #FL #IndustrialREToday #FriYAYTomorrow