In the Retailing universe, Experiential Retail has been a buzz phrase for years. Brick-and-mortar stores were going to stave off the rush of customers toward alternative shopping by creating environments and shopping experiences that entertain, that stimulate, that...
In a world of changing construction costs, success hinges on accurate data
Every phase of the building lifecycle requires pristine accuracy – from planning to building – and the whole process begins with making sure your budget estimate is accurate. But inaccurate cost data inevitably leads to inaccurate estimates, inaccurate estimates lead...
The Rental Tour of the Future Through AR/VR
A virtual staging, CGI and 3D modeling platform, is partnering with Toll Brothers Apartment Living to create a custom application for Magic Leap’s spatial computing device, Magic Leap 1. This partnership is a result of Magic Leap’s independent creator program, a...
Six Steps to Protect Your Multifamily Assets from Pet Liability
Pets are a big business in the apartment industry. Not only does a pet-friendly community tap a larger rental pool, but residents in pet-friendly buildings stayed an average of 46 months, compared to 18 months in rentals that prohibit pets, according a study by...
Construction Industry Weighs Building Lifespan to Fight Climate Change
Increased climate change concerns in the industry have stakeholders considering the lifespan of buildings more closely to make sure they’re flexible for many uses and serve the lifespan intended for its use to cut down on carbon emissions and waste that arises from...
Milieu: Creating restorative environments in behavioral health
Every setting cues us how to behave. Is it loud and active? Quiet and intimate? Cozy or spare? Modern life bombards us with stressors. When we need services to help us cope with a mental illness, or life crisis, the design of behavioral health settings matters. It’s...
Avison Young’s Top CRE Trends for 2020
A global forecast, combined with local market reports, are providing commercial real estate owners and occupiers with information on how those trends can impact their investments in the year ahead. Avison Young’s global report also provides perspectives for property...
Proximity to Rail Service to Play a Bigger Role in Industrial Site Selection
A growing truck driver shortage, along with improved efficiency of U.S. rail operations, has more shippers considering rail transportation as a viable alternative to long-haul trucking. As a result, some developers are placing new industrial development projects...
How Millennials Impact the Real Estate Market
Millennials make up a huge portion of the population in markets throughout the nation. In San Diego, millennials alone represent a quarter of the population, and in combination with gen-Z, young people account for half the population. These demographic groups—along...
One Architect’s Radical Vision to Replace the Open Office
Like many working professionals, the Chicago architect David Dewane can quickly rattle off what he sees wrong with modern offices. Many spaces are prone to interruptions. They’re too noisy. Open office plans, designed for collaboration, can make it tough for people to...
Amazon Eyes New Market for Brick-and-Mortar
Amazon is reportedly considering opening physical stores in its second-largest global market. According to Reuters, Amazon may open brick-and-mortar stores in Germany. The e-tailer is rapidly opening stores in the U.S. under banners including Amazon Go, Amazon Books,...
What to Expect in 2020 — What Not to Expect
Retailers can expect e-commerce growth to continue to accelerate in 2020. That’s according to tech market advisory firm ABI Research, which said that total e-commerce revenue in 2020 will reach $3.52 trillion, an explosion that will force retailers to find faster and...
Car-free Streets Could Become Common in Major Cities
San Francisco is the latest city to declare cars off-limits on a major city street, following the lead of New York. The city by the bay will soon close Market Street to cars, giving streetcars, buses, bicycles/electric scooters, and pedestrians free reign. This action...
Lenders Enter 2020 Willing to Fund New Apartment Construction
As fears of a possible recession and overbuilding in the multifamily sector diminish, lenders are showing they still have an appetite for financing construction projects. The availability of mezzanine loans and lower interest rates are helping fuel this activity and...
Yardi Matrix Reports: 2010s Will Be a Tough Act to Follow
As the decade concludes, real estate practitioners can look back on one of commercial real estate’s best runs ever. Since the end of the Great Recession, slow, consistent growth has defined both the macro economy and the commercial real estate market. While property...
Specialty Manufacturer Relocates Michigan HQ
Exotic Automation & Supply reports it has relocated its headquarters and ParkerStore from Farmington Hills, MI to newly constructed space in New Hudson, MI. The 135,000-square-foot facility is located at 53500 Grand River Ave. A total of 35,000 square feet of the...
Three Predictions for Retail Relevancy in 2020
Heading into a new decade, savvy retailers are firming up their strategies for success — especially when it comes to driving customer engagement at store-level. As 2020 approaches, retailers are ready to innovate and adopt new concepts — from innovation to immersive...
Average New Apartment Size Shrinks in East and West Coast Cities
The new apartments now opening tend to have fewer bedrooms spread over fewer square feet of space than just a decade ago. “They are getting smaller,” says Caitlin Walter, vice president of research for the National Multifamily Housing Council (NMHC). “Part of that is...
Forecast 2020: Why the Outdoor Office is Here to Stay
Workplace designers now routinely include biophilic elements because research shows having a connection with nature is beneficial to both productivity and wellness. So, encouraging employees to venture outdoors for part of the work day is a logical next step, and the...
Architecture Billings Index Continues to Show Modest Growth
Demand for design services in November increased at a modest pace for the second month in a row, according to a new report today from The American Institute of Architects (AIA). AIA’s Architecture Billings Index (ABI) score of 51.9 for November reflects an increase in...
Medical Office Buildings Draw Stronger Interest From Institutional Investors in U.S.
According to a new report from CBRE, strong fundamentals have increasingly made U.S. medical office real estate a favorite of institutional investors, keeping investment volumes at high levels and capitalization rates low this year in relation to conventional offices....
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