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.
Retail, the fallen angel of the industry. We have been barraged by negative headlines this past year, of which company has filed for bankruptcy, or which mall is now a ghost town. However is this bleak outlook really true? It seems that experts in the industry think the retail sector is simply in a transitionary period, where evolution is extremely important. The companies that embrace the change and remain creative and innovative need not worry.
The 2018 year-end Coldwell Banker Commercial® award recipients have been announced! Congratulations to all of the awards winners in the numerous Coldwell Banker Commercial® company, office and affiliated professional categories. The award winners will be recognized at the 2019 Coldwell Banker Commercial Global Conference taking place in Las Vegas on March 18-20.
MADISON, N.J. (February 27, 2019) – Coldwell Banker Real Estate LLC d/b/a Coldwell Banker Commercial Affiliates announced its 2018 year-end award recipients in numerous Coldwell Banker Commercial® company, office and affiliated professional categories.
A few years ago, the grocery industry seemed like the untouchable horizon. The one market that was safe from e-commerce. How could e-commerce bore its way into an industry with such perishable, fragile and heavy items? Impossible! Then, Amazon; as it often does, introduced Amazon Pantry and Amazon Fresh. These services allowed users to get groceries within 2 hours. However, consumers remained skeptical.
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.
If you’ve chosen commercial real estate as your career path, then you know it can be an extremely time-consuming, and competitive, while also being profitable and rewarding. You have to be a self-motivated individual while still knowing how to be a major team player. So, what can you do to make your day flow as seamlessly as possible? How can you organize yourself so that you can focus on making and closing deals and getting the most out of your profession?
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.
Amazon has been an extremely innovative force. In the past few years, they have totally revolutionized the e-commerce market, how we grocery shop, how we check out and even the shipping industry. Now, they have moved on and targeted airports. No, Amazon is not creating flying stores… However, they are looking into bringing their checkout-less stores to airports in hopes of appealing to travelers who are looking for quick, convenient options in between flights.