MADISON, N.J. (December 4, 2018) The open office concept, which became the design trend of choice over the last decade, has declined in popularity with concerns over a lack of privacy and numerous distractions in this environment. New research commissioned by Coldwell Banker Real Estate LLC d/b/a Coldwell Banker Commercial Affiliates and conducted online by The Harris Poll found almost three-quarters of adults would be comfortable working in an open office under certain conditions, if they had access to a private space like phone rooms or small work areas (74 percent) and if noise and distraction were limited (73 percent).
Americans are comfortable with open offices with private spaces and limited noise, according to a Coldwell Banker Commercial Affiliates online survey of more than 2,000 U.S. adults. The survey conducted by The Harris Poll in September 2018 identified Americans’ attitudes towards open office concepts to understand how businesses can optimize office space according to worker preferences.
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?
MADISON, N.J. (September 14, 2018) – Coldwell Banker Commercial Affiliates is proud to announce that Sheri Arnold, president and broker at Coldwell Banker Commercial Arnold & Associates in Beaumont, Texas, and Becky Blair, president and principal at Coldwell Banker Commercial Blair WESTMAC in Long Beach, Calif., were named Women of Influence 2018 by Real Estate Forum.
For years, modern and flexible office spaces were the stomping grounds of small, boutique startups and the self-employed creative types. And, while those groups still play a large role in the market, larger and more traditional companies are now beginning to see the benefits of flexible office spaces.
It comes as no surprise that many brick and mortar retail outlets have reported an overall dip in sales, thanks to the prevalence and mass appeal of online shopping. After all, being able to skip the traffic and parking, as well as the long lines at checkout, is hard to turn down. And, in particular, large indoor malls have really struggled – in fact, many have lost tenants and have been struggling to get shoppers through their doors, leading smart retails to explore new options for increasing foot traffic.