2019 has been a busy year for the medical industry. As CRE continues to evolve, the medical office space is also going through its own transformation. In efforts to enhance availability and boost efficiency, the healthcare sector is transitioning into a new area of the commercial scene. Contemporary tenants, landlords, and developers are all racing to keep up with today’s changing consumer needs; and as a result, the medical office space is being revamped. Let’s take a look at where the medical office market is today, and what trends to…

There’s no question about it – technology is changing the way we do everything. Around the world, all major industries are being re-envisioned to incorporate the growing collection of cutting-edge digital tools. One such example is construction. Overall, we’re seeing a huge shift towards productivity, efficiency, and affordability. The various technologies which are available to us today are enhancing the building process by making construction easier and quicker than ever before. Let’s look at some of these ground-shaking technologies and how they’re affecting CRE construction. Artificial Intelligence When AI is…

As global retail giants continue to battle over who’s able to provide the fastest deliveries, a new wave of consumer accessibility is on the rise. US retailers are beginning to join forces with delivery services. Recently, CVS and Michaels announced their plans to incorporate UPS Pick-Up Spots in thousands of store locations across the country. This unexpected partnership has some great benefits for all parties involved; including consumers, brands, and shipping companies. Let’s look at some motivators that are encouraging this powerful union, and how it’s spearheading the retail scene.…

2019 has seen global retailers compete in the race towards omnichannel perfection. While it may look like brands are scrambling to win over today’s consumers, there is solid data backing retail’s latest transformation. GlobeSt reports that consumers who make an online purchase are likely to spend money in that brand’s physical store within 15-to-30 days. When one sale is instigating another, who wouldn’t jump on board? Bricks indeed drive clicks, but what about vice-versa? Let’s dive in and see what experts have to say about how online shoppers interact with…

In the last few years, there’s been a lot of attention going towards sustainability. Eco-efficiency is now a leading element of commercial real estate’s development, and it’s changing the way the industry works. Sustainability is providing CRE with creative solutions that benefit both our society and the planet. Don’t make the mistake of thinking that going green is just a fad. As it’s revisioning the world around us, it’s clear that sustainability is here to stay. Still not convinced? Check out these 3 points that highlight the utility, appeal, and…

Commercial real estate’s retail sector is continuing to attract the eyes of eager investors, and restaurants are at the top of their lists. However, it’s not the fancy 5-star kind of joint that’s receiving all the attention – it’s the opposite. Casual eateries are taking over the contemporary dining scene and for good reason. This booming industry is reaping in profits, pleasing today’s consumers, and scoring massive points with investors. If you’re craving quality food served in a comfortable and laid-back ambiance, you’re not alone. Let’s look at a few…

Amazon is constantly spearheading the retail industry. In the recent past, their strategic business moves have stood as pivotal points in retail’s evolution. This global giant changed the game with their speedy shipping possibilities, global accessibility, and omnichannel branding. Competitors are constantly kept on their toes as they race to keep up. Amazon Go, the company’s latest innovation, is probably the most impactful to the omnichannel paradigm. These are brick-and-mortar stores which are 100% automated, meaning no people work there. It even goes a step further – they’re cashier-less. Aside…

Technology’s impact on the commercial real estate industry is revolutionary. One of the best places to observe data and technology’s growing influence is at the annual International Council of Shopping Centers RECon. This convention highlights the upcoming year’s newest gadgets, software, and tools that are changing the way our world works. As Smart Home technology grows in popularity, the convention is having a heavier effect on the CRE industry. Professionals can see what the newest tech is and how it’s going to impact consumer experiences in the months to come.…