Move Over Millennials, Let’s Look at Gen Z

It seems like all the talk has been about millennials recently, but there is a new generation coming up that is surely going to shake things up, from how we live to how we work and have fun. Let’s take a deep dive into everything Gen Z and how they are mixing things up in business.   Gen Z Grew Up with Smartphones While millennials may have grown up being glued to their televisions, Gen […]

Here’s Where Single-Family Rental Opportunities are Growing the Most

The single-family rental property market has been one of the hottest markets in commercial real estate in 2018, in certain places such as Dallas, it’s actually better to rent than purchase a home. Let’s take a closer look at where single-family rental properties are growing the most.   The Numbers Behind the Market According to CoreLogic’s Single-Family Rental Index, Las Vegas has led the nation in year-over-year rent price increases throughout the first half of […]

Robots are Changing the Way Warehouses are Designed and Built: Here’s How

As robots continue to establish a presence on the warehouse floor, this will significantly impact how these warehouses are both designed and built. More automation via robots will require economies of scale, which will impact the demand for warehouse space. Here is how robots are impacting the industrial warehouse market.   Warehouses Will Scale Down Space within warehouses will need to be utilized more intensively, which will result in the warehouses becoming smaller. As robots […]

How Will Rental Transportation Impact Our Cities?

You’re not just seeing things – rental transportation is becoming ever more of a popular thing by the day, particularly in larger metropolitan areas. Just as much as they are getting big, they’re also becoming controversial, with some cities fighting back with claims that these scooters clutter the community and are not tightly regulated enough. They’re everywhere, officials say. They’re convenient, claim the companies, in places where parking is a bear and even public transport […]

Hotels Look to Home-Sharing as Next Revenue Stream

Hotels like to posit themselves as one’s home away from home, but lately this has been given a new twist. With the continued rise of home-sharing services such as Airbnb, hotels have decided to get into the arena by creating their own space in the private high-end home rental market. “Now they see it’s the same travelers just choosing different accommodations based on the occasion or situation,” Boston University assistant professor of hospitality marketing Makarand […]

Grab a Bite to Eat and CoWork, Too? Restaurants Jump into CoWorking

When you think about it, it makes sense to turn restaurants into CoWorking spaces. The CoWorking model emerged after 2008 when the economy was in freefall and unemployment was in the double digits in many places. Coffee shops became the place to network, start a business, do freelance and contract work – anything to make money when there were no jobs. Thos café entrepreneurs soon began launching businesses to great success. Many who left the […]

What Does the Smart City Mean for Our Future?

The Smart city market is projected to reach $400 billion by 2020. The type of data analysis that is made possible through Smart cities will become invaluable for identifying prospective investments, new or re-development, attracting tenants, and building better infrastructure. One tech leader, Cisco, is pouring hundreds of millions of dollars into Smart city projects all over the world including in San Jose and Chicago. Electricity giant GE (General Electric) has joined with city governments […]

Is Industrial Space Going Vertical?

Inventory space is going vertical as property parcels get smaller and more expensive. For years now the industrial market has been flying high thanks to global e-commerce. We’re now approaching near full occupancy with a shrinking inventory of industrial supply coupled with ongoing high demand for those assets; which is causing pricing to begin ticking up dramatically. In other words, fulfillment centers are housing more and more inventory to meet rising demands leading them to […]

5 New Trends in Green Building for CRE

Green building is more than a residential concept – it has become standard in the commercial industry too. Along with automation, artificial intelligence, Smart technology, and robotics, green building technology is helping to meet the new needs in CRE following these three trends:   #1: Building for Climate Disasters Did you know that last year the U.S. suffered some of the worst financial losses due to extreme climate events than at any other time in […]

5 Reasons Open Floor Plan Offices Are Out of Style

For years now, office building owners have been tearing down walls and taking out cubicles, opting for more open floor plans in order to cater to younger workers – so they thought. Staples conducted a survey of the bulk of the workforce today (millennials and GenXers) and found that more than a third, 40% of them find open floor plans disruptive, making it “difficult to focus.”   Workers Want Both Wall seating, benches, couches, partial […]