Finding the best philadelphia real estate investment companies can be crucial for investors looking to put money into properties in Philadelphia. With a strong real estate market and plenty of opportunities, partnering with an experienced local company should be a priority in 2020. This article will explore top options investors should consider when selecting the ideal philadelphia real estate investment partner.
CTBUH recognizes outstanding contributions to tall buildings
The Council on Tall Buildings and Urban Habitat (CTBUH) gives annual awards to recognize projects and individuals that make extraordinary contributions to the advancement of tall buildings and sustainable urban environments. Their goal is to provide a comprehensive perspective on important structures while advocating for improvements across all areas of performance. In the 2020 awards, they honored 37 projects from China out of 155 total award categories – representing 23.9% of all awards. This demonstrates the strength of Chinese architecture and engineering on the global stage.
Chinese projects take home 3 top category awards
Out of 26 Best Tall Building category awards, Chinese projects won 3 top honors in 2020. The Raffles City Chongqing project designed by Safdie Architects, Chongqing Institute of Architectural Design and CapitaLand took home the top 300-399 meter award. The CITIC Tower in Beijing, designed by joint venture KPF and Beijing Institute of Architectural Design, won for best over 400 meters. And the AFC Headquarters designed by GMP and Tsinghua University Architectural Design Institute was named Best Tall Building Asia.
Industrial real estate maintains strong momentum amid supply shortage
The industrial real estate market in the United States has shown resilient strength and high demand in recent years. Driven by the rise of e-commerce and the need for modern supply chain infrastructure, major players like Amazon, Walmart and others have invested heavily into distribution centers, warehouses and logistics hubs across the country. Rental growth, historically low vacancy rates and strong absorption levels demonstrate promising opportunities. Investors are taking note of the defensive, stable cash flows offered in the industrial sector.
Prime investment locations to watch across property sectors
For those targeting commercial real estate in 2022, experts recommend focusing on industrial assets in logistics hubs as well as multifamily rentals in the Midwest and South. Retail centers located in dense suburban areas are also bouncing back. And office space remains an option in top-tier markets like Chicago, Los Angeles, San Francisco and others. Performing proper due diligence and working with specialized local brokers is key to finding the best risk-adjusted returns.
In an uncertain economy, commercial real estate investment requires careful evaluation of property fundamentals, market trends and financials. Partnering with reputable philadelphia companies that offer experience across sectors can lead to attractive opportunities.