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 […]

This is What the Office of the Future Looks Like

In the future, connectivity may be an even more important factor when purchasing office space than location or price, some are predicting. Just like every office first had to be wired for telephone systems, then coaxial cable for the internet, and now wireless, in the future Smart technology will be standard for all office buildings. Office space itself is already changing dramatically. More often than not, there are multiple companies in one building instead of […]

Retail is Still Thriving: These Brands are Opening Stores

Retail isn’t all doom and gloom—there are plenty of retailers that are opening stores instead of closing them. Moreover, many are planning to expand beyond this year. However, there is a fundamental change that is happening causing this weird paradigm where there are brand named box store closings everywhere while simultaneously brand named stores are opening and expanding. The need for enormous department stores and outlet buildings has passed. These days retail is getting smaller […]

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 […]

How to Choose the Best Location for Your Industrial Property Investment

Everyone knows that in real estate, it’s ‘location, location, location’, but what else? When it comes to commercial property investments, there are a lot of other factors that go into play that makes one location better than another. Should you choose to purchase industrial property, you have to decide whether or not to locate in your headquarter city or to move your operations to a more economically attractive city.   The Best Location Depends on […]

Are Global Investors Looking to Add Industrial Real Estate to their Portfolios?

According to the 2018 Global Real Estate Outlook compiled by PwC and ULI, investors all around the world are adding industrial assets to their portfolios. Why is that and is it a good decision considering the global volatility brewing?   Why global investors Are Interested in Industrial Real Estate Multifamily, office, retail, they are all facing some challenges right now. Prices in many primary cities for housing are reaching pre-recession levels. Office is seeing a […]

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 […]

Should You Add a Co-Working Space to Your Office Property?

At first, co-working spaces made sense largely for startups and independents. Now everyone is using them. Turns out, it’s a cost saver even for established businesses. Unlike a traditional office lease, tenants don’t have to go through months and months of negotiations and paperwork processing for co-working space. They aren’t even responsible for providing electric, internet, and a lot of office equipment to their employees – that’s the office owner’s responsibility. With studies showing that […]