Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
If you take a look around, it’s easy to see that online retail has become increasingly competitive. Gaps and niches in the market are filled, and there seems to be a shiny, new brand catering to every market segment out there.
Big data analysis and applied data science techniques to databases are certainly nothing new, but their application in the commercial real estate space is. Commercial real estate is a huge industry—$12 trillion, to be exact—so the ability to make a better decision through data can save both time and money.
Every industry has its own lingo, but there are some fields that really have a lot of jargon – and commercial real estate is definitely one of those fields. If you don’t have a background in CRE or CRE experience, it’s easy to feel overwhelmed.
If you spend any time at all in the commercial real estate world, you’ve probably heard and seen terms like green, clean energy and sustainability all over the place. But are you really sure about what these terms mean, or how they’re applied?
Sheri Arnold, president and broker at Coldwell Banker Commercial Arnold & Associates in Beaumont, Texas, and Becky Blair, president and principal at Coldwell Banker Commercial Blair WESTMAC in Long Beach, Calif., were named Women of Influence 2018 by Real Estate Forum.
For years, modern and flexible office spaces were the stomping grounds of small, boutique startups and the self-employed creative types. And, while those groups still play a large role in the market, larger and more traditional companies are now beginning to see the benefits of flexible office spaces.
It comes as no surprise that many brick-and-mortar retail outlets have reported an overall dip in sales, thanks to the prevalence and mass appeal of online shopping. After all, being able to skip the traffic and parking and the long lines at checkout is hard to turn down.
As the name implies, a dockless bike share is a bike-sharing program that doesn’t require a stationary docking station. With a dockless system, these bikes can be parked within a defined perimeter at a bike rack or even along the street on the sidewalk.
It seems that everywhere you look today, avoiding hearing or reading stories about Millennials is almost impossible. We have all heard they are making huge strides and taking the lead in business, politics, real estate, philanthropy, and more. But what you might not have heard yet is that Millennials are even shaping your grocery store.
It has been said that it is only a matter of time before blockchain, the proprietary technology that supports cryptocurrencies such as Bitcoin, will begin to infiltrate industries worldwide. Believe it or not, even historically traditional industries are not immune to the disruption – commercial real estate included.