![]() The development of more sustainable real estate projects, as well as an increase in farm transactions, are among the most notable trends of the recently concluded 2022. So says a new report compiled by the Washington-based online marketplace LoopNet, which notes that throughout the year office building owners were not only promoting green space as a means for relaxation, but also because such spaces very often have a “meaningful effect on the operation and environmental facets of a property.” At the same time, says the study, more and more property owners displayed an interest in farming properties. That interest could be due to an “increased desire for pastoral beauty” in the wake of the pandemic, or simply a reflection of “investors looking for a new opportunity to achieve meaningful yield.” The increased 2022 interest in farms follows on a near doubling of farm sales from 2020 to 2021. Additional trends: gaming studios, as exemplified by the opening of a 14,000 square foot facility in downtown Washington by the company Monumental Sports & Entertainment; and office co-working spaces in rural areas, a pattern following the design of such spaces in mostly urban areas in the last several years. The year also saw the emergence of more specialty services ranging from pet spas to fertility clinics and cannabis dispensaries in an effort to make traditional commercial properties appealing “in an era dominated by online shopping.” By Garry Boulard
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