Disruption appears to be the top commercial real estate trend in 2021. Automation, innovation and advances in technology are forever changing the way in which the commercial real estate industry operates. Let’s take a quick look at how the industry is being disrupted. Automation McKinsey Analytics insists it is commercial real estate brokerages as opposed […]
Los Angeles Commercial Property
What’s the Future of Commercial Real Estate Retail After the Pandemic?
COVID-19 has dramatically changed the landscape of how we live, work, shop, and do leisure activities. It has also magnified and accelerated trends for the long term. It’s no surprise that brick and mortar has been slowly bleeding for quite some time now. This is due to the steady rise of convenient online shopping starting […]
Diversify Your Commercial Real Estate Portfolio: Go Mixed-Use
For commercial real estate companies, the temperature of the market might finally be leveling out. After nearly a year of covid-19 contracting demand for commercial space, vaccine rollout will hopefully bring normalcy back to life. But it may take more than a vaccine to lure companies back to the offices they once occupied. Longer-term trends […]
5 Industry-leading Commercial Real Estate Software for 2020
Any change we make is going to be met with resistance. That could mean getting in an extra 5,000 steps a day to trim down before the holidays or trying to read before bed instead of letting Netflix take over. Property management software is no different. It can be daunting to consider changing the main […]
Are You Embracing the Digital Tenant Experience?
The most pressing issue in 2020 commercial real estate (CRE) and property management is client retention. Covid-19 has expedited a shift from the in-person office to work-from-home. Many office jobs simply do not exist anymore, and it is still unclear how many jobs that moved to the home from the office will stay there. While […]
Doubling Down: How One Owner Profited by Remodeling During a Major Vacancy
The Challenge Architect and commercial property owner Eric Luk had a decision to make in 2017. His five-building commercial complex West Main Place Medical and Professional Plaza was about to lose a major tenant occupying roughly fifteen percent of the complex’s leasable units. In the face of major vacancy, he could either hit the panic […]
