Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
Electric vehicles are becoming more prevalent as Tesla and other car manufacturers continue to change the auto industry. Another industry that has this impact is the commercial real estate industry, as owners of these vehicles need places to plug in instead of stopping at gas stations to fuel up.
As the world becomes more connected through the internet of things and everything becomes “smart” it helps to bring more convenience to everyday lives but it can also lead to more avenues for outside parties to obtain personal information or perform cyber-attacks.
Going green has come into play in most everyone’s lives in one shape or form by now and is being embraced more frequently than it used to be. This is due to accessibility being increased to green products as well as the affordability of green products being improved upon.
Transit-oriented development or TOD is the development of transit hubs like train stations and airports into not only a place to go to travel but also a place to shop with retail locations coming into these transit hubs.
Open offices were a big deal and are much-hyped thanks to tech companies such as Google and other startups looking for something different —a more collaborative environment. However, it seems the verdict is in and open concept offices are not being so well received these days.
Discover effective strategies for tenant retention, from communication to property improvements, to ensure a thriving and satisfied tenant community.
Obtaining new tenants can be a costly affair for landlords. If tenants are dissatisfied, given today’s market, they can easily seek new space. It is always the preferred option to retain good tenants – those who pay their rent on time and cause little or no problems.
In choosing commercial space, location still reigns as the prime consideration, but increasingly the facility’s connectivity is very high on the list as well. For tenants like tech startups in particular, having a connected workplace is paramount.
More and more professional services firms are focusing on the needs of their employees rather than on what executives want when it come to the workplace. This is a useful strategy for attracting and retaining top talent, and it’s changing the way that those firms choose office space.
Coworking has really just been around for about a decade, and it’s already cutting its hair and putting on a tie. The practice was born in the start-up culture, favored by entrepreneurs, freelancers, and independent innovators.