Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
Once upon a time, when a sports stadium was built, the focus was on the game. Though builders would include restrooms and eventually concession stands, distractions from the sport at hand were seen as “minor-league.” Fast forward to present years, stadiums are now entertainment experiences and designers have turned to lifestyle centers for inspiration.
There is almost nothing that a real estate professional finds more important than turning a real estate lead into a sale. However, that can be easier said than done. When converting leads into sales it is important to work smart to do this in the most effective manner possible, while reaching the most leads and encouraging clients (or potential clients) who may be interested in what you have for sale. In recent technological years, email marketing has proven one of the most effective methods to achieve this goal.
Real estate crowdfunding is currently one of the most popular ways to raise capital for real estate investments. In April of 2012, crowdfunding burst on to the scene with the inception of the “Jumpstart Our Business Act” also known as JOBS. This act was signed into law under former President Barack Obama.
When Coldwell Banker Commercial Eberhardt & Barry opened its doors in 1970, central Georgia’s textile industry occupied much of the large scale industrial real estate in Macon and central Georgia. Today, Art Barry III, co-owner and son of the firm’s founder, is revitalizing the area’s industrial real estate business.
5 Reasons Industrial Real Estate is Going to Be Hot in 2019
The past decade has seen a number of events and natural disasters, including an oil spill, multiple hurricanes, and a nation-wide recession. As a result, the commercial real estate landscape in the 5 coastal states along the Gulf of Mexico and the I-10 Corridor has emerged with more opportunity than ever before. Explosive population growth, a strong labor force, and a sheer lack of supply in many markets throughout Texas, Louisiana, Mississippi, Alabama, and Florida have come together to create distinct pockets of interest for the right potential investors.
If you take a look around, it’s easy to see that online retail has become increasingly competitive. Gaps and niches in the market are filled, and there seems to be a shiny, new brand catering to every market segment out there. In other words, opportunities to really connect with your customers could be disappearing fast.
Big data analysis and applied data science techniques being applied to databases (both public and private) is certainly nothing new, but its applied use in the commercial real estate space is. Commercial real estate is a huge industry – $12 trillion, to be exact – so the ability to make a better decision through data can save both time and money for everyone involved.
Every industry has its own lingo, but there are some fields that really have a lot of jargon – and commercial real estate is definitely one of those fields. If you don’t have a background in CRE or CRE experience, it’s easy to feel overwhelmed. In talking to new CRE professionals, we hear this expressed over and over, so we thought it would be a good time to share 10 of the most common terms in commercial real estate that everyone should know.
If you spend any time at all in the commercial real estate world, you’ve probably heard and seen terms like green, clean energy and sustainability all over the place. But are you really sure about what these terms mean, or how they’re applied?