Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
With the internet becoming a part of almost everyone’s daily lives and getting the world more connected than ever, it has quickly become a great resource to help develop the sharing economy and facilitate that sharing to occur. If you are not familiar with the sharing economy, it is the idea that something you own is shared with another individual or that you share something that another individual owns.
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Drone technology was once exclusively used by the military but has entered the consumer market and grown quickly in popularity. Utilizing drone technology for film and photography purposes has added a new tool to many industries, including real estate, and has also created something new for hobbyists. With film and photography applications helping to create the rise in popularity, it was only a matter of time before other industries started to take note.
The commercial real estate sector has been seeing a lot of changes over the past several years and the industry has had to figure out how to work through these changes. One of the categories with some of the biggest changes is the grocery sector. From grocery delivery services to consumers looking for more options, there are many factors at play here and it behooves everyone in the industry to pay attention.
Has the in-store experience given way to the online shopping craze? Not quite yet, according to the experts at Coldwell Banker Commercial Affiliates. The Omnichannel Retail and Commercial Real Estate Survey of November 2016 finds that brick and mortar have yet to roll over and play dead – and, in fact, Millennials actively want to shop in-person.
With the market changing over time, retailers in the grocery and apparel sectors are having to constantly rejigger their techniques in order to stay relevant. Let’s break down the facts so that you have a better chance of coming out on top when the competition gets tight.
Everything old is new again. This even pertains to shipping containers, some of the older of which are being transformed into homes as part of what’s known as the container home trend. This trend is also spreading to multifamily and even office space, with trendy office denizens putting them inside the building as individual offices.
Media Inquiries:Nicole BrzyskiColdwell Banker Commercial Affiliatesnbrzyski@cbcworldwide.com