Author: naimartens

According to Condeco, the typical office utilization rate is just 39 percent, meaning many offices simply have too much space, which is why they employ occupancy sensors to determine where they can downsize and what spaces are not being used frequently or at all. Here is a brief description of how occupancy sensors work, what they cannot do and what benefits they can offer building owners and tenants. How Do Occupancy Sensors Work? There are a few different types of occupancy sensors. The typical sensors use infrared, ultrasonic waves, microwave…

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The single-family rental property market has been one of the hottest markets in commercial real estate in 2018, in certain places such as Dallas, it’s actually better to rent than purchase a home. Let’s take a closer look at where single-family rental properties are growing the most. The Numbers Behind the Market According to CoreLogic’s Single-Family Rental Index, Las Vegas has led the nation in year-over-year rent price increases throughout the first half of 2018 and high-end rental prices accelerated from January to June 2018 compared to the low-end cohort.…

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As robots continue to establish a presence on the warehouse floor, this will significantly impact how these warehouses are both designed and built. More automation via robots will require economies of scale, which will impact the demand for warehouse space. Here is how robots are impacting the industrial warehouse market. Warehouses Will Scale Down Space within warehouses will need to be utilized more intensively, which will result in the warehouses becoming smaller. As robots continue to join the warehouse floor, there will be less human counterparts, requiring less horizontal space…

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As a landlord, you’re always looking for ways to give a boost to the bottom line. With technology a huge part of that bottom line these days, it only makes sense that you’re going to look to it not only to increase revenue but to improve your tenants’ experience as well. So what are the ways in which you can do this? Here are a few that we’ve collected: Use machine learning and artificial intelligence for optimal pricing strategies. With many new companies emerging with the exact intent of using…

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You’re not just seeing things – rental transportation is becoming ever more of a popular thing by the day, particularly in larger metropolitan areas. Just as much as they are getting big, they’re also becoming controversial, with some cities fighting back with claims that these scooters clutter the community and are not tightly regulated enough. They’re everywhere, officials say. They’re convenient, claim the companies, in places where parking is a bear and even public transport can be challenging. So where to from here? How will the advent of rental transportation…

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How significant is artificial intelligence when it comes to property security? Given that, as The New York Times notes, home security and its cadre of AI assistance is expected to become a $47.5 billion business by 2020, could commercial real estate be far behind? “We put in the cameras to create a perimeter with no dead zones,” Edgeworth Security chief executive Ken Young told the Times with regard to property protection. Edgeworth is a Pittsburgh-based consultancy specializing in monitoring solutions. “Those cameras aren’t just everyday cameras, though – say, for…

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One of the latest trends in online sales is actually taking place in person. Online order pickup lockers are being installed in physical locations, something Amazon has been doing for a while now. The latest company to do this is do-it-yourself superstar retailer Home Depot, which, as Bisnow reports, has begun installation of their own pickup lockers at many locations. The lockers, which are designed to let customers order online and then come in to pick up their items without having to request employee assistance, “The lockers allow us to…

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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. Those café entrepreneurs soon began launching businesses to great success. Many who left the traditional workforce have not – and likely will not – come back to the traditional…

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