Venture capitalists are clearly paying attention when it comes to commercial real estate. In 2016, the real estate technology sector saw record-breaking deal activity and more than $2.7 billion in investments. According to Nick Romito, founder and CEO of VTS, the current rate of growth suggests the sector could see somewhere around $2 billion in new investment in 2017.
- By Skye Fulkerson
- July 28, 2017
- By Nick Romito
- July 24, 2017
Back in 2010, one of my best friends and I had a crazy idea for a company that we believed would help drive commercial real estate forward. We were put in touch with a venture capitalist to get some honest feedback about the concept and heard some pretty inspiring words: “That’s a terrible idea. The people in that industry are never going to change.”
- By Nick Romito
- June 22, 2017
Earlier this year, GlobeSt.reported a nervousness from institutional investors in commercial real estate. The logic, as explained by Preqin's Andrew Moylan, was that while the demand for CRE remains high, institutional investors are perplexed, because they don’t know “where we are in the cycle” and whether or not now is a great time to be investing large sums.
- By Ian Ritter
- June 20, 2017
Nothing has disrupted retail real estate over the last decade, save the Great Recession, more than Amazon. The e-commerce giant is given credit for scores of store closures and retailer bankruptcies; many industry observers claim that Amazon is single handedly killing malls.
- By Ian Ritter
- June 19, 2017
The retail real estate industry has been in the news a lot recently, with the traditional tenant mix evolving and entrenched shopping habits transforming. Amidst this evolving environment, let’s take a step back and get a refresher about the different types of tenant spaces that make up most shopping centers and the tenants that call them home.
- By James Dearsley
- June 15, 2017
If recent announcements from Uber and Google are anything to go by, technology is taking the physical infrastructure of cities and commercial property by the scruff of the neck; realigning the boundaries of influence and reach. With non-property focused companies playing such a big role in defining the future role of commercial property, it’s clear that the paradigm has shifted.
- By Liz Wolf
- June 14, 2017
While many retailers have been focusing on millennials (and rightfully so), it’s time to plan for the next powerful buying group – Generation Z – which is even larger, and their shopping habits might just surprise you.
- By James King
- June 6, 2017
The retail world is rapidly evolving. Over the last decade the stratospheric growth of online-only retail behemoths like Amazon has forced traditional brick and mortar retailers to develop defensive ecommerce strategies and the intensification of competition has coincided with growing consumer demand for instant gratification. Where once consumers were happy to wait for a few days for items to be delivered, now they want their orders the next day or even in the next hour.
- By Erin Grace
- June 5, 2017
The blurring of lines between where we work and where we shop will have a medium impact on shopping centers, restaurants, bars and office buildings over the next decade.
- By Amanda Marsh
- June 1, 2017
Gone are the days of sterile, uninviting office buildings. Office owners and developers are increasingly incorporating concepts borrowed from the hospitality and residential sectors to make workplaces more inviting for tenants.