What Is a “Walk Score” and Is It Important When Considering an Office Location?

What Is a “Walk Score” and Is It Important When Considering an Office Location?

America has forgotten how to walk. At least that’s how it seems when you take a look at some data. The number of people who walk every day has fallen by a staggering 40% between the years 1977 and 1995. The latest trends are even worse, with people taking around 5,000 steps on average every day, instead of the recommended 10,000.

How Will a Rise in Interest Rates Affect the Commercial Real Estate Market?

How Will a Rise in Interest Rates Affect the Commercial Real Estate Market?

In the past couple years, overall interest rates have risen several times in the United States. According to many experts, they are likely to finally stabilize in 2020. However, they have already risen sufficiently enough in 2018 and 2019, and we cannot be sure that the same won’t happen by the end of 2020, or especially the year after.