Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
It is no secret that the tech sector is making huge impacts in everyone’s daily lives and even disrupting and changing the way certain industries do business. The commercial real estate industry and real estate in general is no exception to this trend.
Open offices were a big deal and are much-hyped thanks to tech companies such as Google and other startups looking for something different —a more collaborative environment. However, it seems the verdict is in and open concept offices are not being so well received these days.
Recently, Amazon unveiled their newest concept called Amazon Go. While Amazon has taken over and changed the face of many industries, most notably books, they have been looking to get into grocery.
No matter what your interest or role in the real estate market, keeping abreast of the trends is always a best practice. Below, we’ll take a look at some of the top trends ULI and PriceWaterhouseCoopers believe will impact us in the coming year.
As retailers opt for events to drive traffic to physical stores, nearly three-quarters of U.S. adults affirm that any retail experience is more likely to bring them to a brick-and-mortar store, according to a Coldwell Banker Commercial Affiliates survey conducted by Harris Poll and released today.
Over the years, millions of men and women have made huge sacrifices to protect our way of life. While we can never adequately repay them for their service, we can do our part to ensure that their service is respected.
While big investors like General Growth Properties and Simon Property Group are shifting their focus to prime properties in desirable locations —those that offer heavy foot traffic and are command the attention of high-end retailers— doors are opening for smaller investors who believe in the value of second-tier malls.
By all estimates, the back-to-school season will have pulled in more than $75 billion dollars. It is second only to holiday shopping in the highest grossing retail season. With more consumers shopping via mobile than ever before, where can retailers expect to see the highest sales this holiday; online or in store retail?
If you can attract customers to your store through their mobile devices, you are reaching an audience that looks at their phones all day long and carries them everywhere they go. When they’re bored, while they’re taking the train to work, they are checking their phones and surfing online.
Retailers face significant challenges with the reverse supply chain due to the rise of e-commerce and free returns, impacting their bottom line and requiring innovative solutions to manage returns efficiently.