Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
Sustainable living is increasing in popularity. Not only is sustainability mainstream, but it is also necessary for the wellbeing of our earth and people. According to the U.S. Green Building Council, “green building is the practice of designing, constructing and operating buildings to maximize occupant health and productivity, use fewer resources, reduce waste and negative environmental impacts, and decrease life-cycle costs.”
It’s likely that you’ve read about, heard about, or encountered the word — PropTech. These days, PropTech is one of the biggest buzzwords in commercial real estate. But, how much do you actually know about PropTech? In this article, we’re going to dive into what PropTech really is, along with the relevant information about the term.
Driverless cars are everywhere. Now, the autonomous car trend is spreading across the world. So, we need to prepare for changes that these vehicles could cause. Whether on the road or in your home, driverless cars will begin to affect your day-to-day life.
In today’s business climate, accurate and relevant information is crucial for success in commercial real estate investing. In other words, if you don’t know the local market, you could be in real trouble. Despite this fact, commercial real estate is a sector favorite among investors, with its relatively strong returns with only minimal to moderate risk.
According to a recent study conducted by the United Nations, 55% of the world’s population lives in urban areas today — and this number is expected to grow to 68% by the year 2050. With cities and other urban areas now home to more than half of the world’s population, it comes as no surprise that physical space is at a premium, causing a rise in costs and serious challenges in finding a place to live.
The influx of more advanced technology has made its way into nearly every industry in America. This also rings true in the property management industry. The major up and coming tech trends will create a better tenant experience. As some property managers and management companies have already implemented these trends, it is projected they will continue to advance as the future of tech develops.
Coldwell Banker Commercial agents had a great start to the new year. To help celebrate their accomplishments, we are highlighting just a few of the top deals closed by Coldwell Banker Commercial agents this past January.
Foreign investments of commercial real estate in the United States was a big trend in past years. However, with a new, uncertain and evolving political climate, many are curious if the momentum will remain strong. Though some have suggested fears surrounding impending trade wars and increased importance on the protection of American assets remaining American, The United States remains the largest receiver of Foreign Direct Investments.
Although commercial real estate opportunities continue to grow, expand and thrive; gone are the days where people could care less about sustainability and environmental impacts. In fact, sustainability is not only a trend that is prompting action in multiple facets of the commercial real estate field but driving and changing the landscape as a whole. Investors are paying more attention to sustainability standards for companies and choosing properties that are more sustainable in a variety of ways.
As the name implies, a dockless bike share is a bike sharing program that doesn’t require a stationary docking station. With a dockless system, these bikes can be parked within a defined perimeter at a bike rack, or even along the street on the sidewalk. Using a smartphone app, these bikes can be located and then unlocked with the touch of a hand (literally). Recently, dockless scooters have also come onto the scene.