Your daily dose of commercial real estate.

How to Prepare Your Organization for Digital Change

Technology promises to transform the commercial real estate industry (hear VTS CEO Nick Romito’s perspective on this here) and deliver a vast range of benefits to owners and brokers. But change can be challenging, and leading property organizations have realized that thorough and well-thought-out preparation is critical for ensuring the successful implementation of any new technology solution.

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The Makings of the Modern CRE Firm: Four Industry Experts Weigh in

It’s official. Technology is no longer a nice-to-have in commercial real estate, it’s a must-have. In response to rapid innovation, the most forward-thinking firms are evolving and incorporating technology into their daily operations to scale quickly, capitalize on opportunities and remain competitive.

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Bright Downtown Chicago Office Market Faces Potential Clouds

Chicago’s CBD has been a great example of urban revitalization over the last several years. Creative office has thrived as more companies move to the urban core, and Millennials and Baby Boomers have decided to call downtown home instead of living in the Chicagoland’s sprawling suburban communities.

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It’s Not Just a Job: WeWork CPO on Rethinking the Workplace as a Community Platform

If half of your waking hours are spent at work, it needs to be a place you look forward to spending time. It needs to be a dynamic atmosphere that fosters innovation and creativity so passionate creators can collaborate and do their life’s work. WeWork’s explosive growth speaks volumes about the demand for and success of this type of work environment.

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Accelerating the Sales Process: Key Lessons for CRE Professionals from Former HubSpot CRO

During his keynote address at Accelerate 2017, Mark Roberge observed that the commercial real estate industry feels a lot like the software industry 10 years ago. That is, the sector is ripe for a similar transformation.

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Leading Venture Capitalists on Navigating Innovation & the Tenants of the Future

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. 

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Commercial Real Estate Innovation: Our Time is Now

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.

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Commercial Real Estate’s Urgent Need for Data and Reporting Standards

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.

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Amazon’s Whole Foods Buy Could Transform Retail CRE

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.

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7 Standard Retail Spaces in a Transforming Industry

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.

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