From design trends to stock market trends, every industry is subject to a range of influences that also create certain trends. Commercial real estate is no exception. Here are the top three commercial real estate trends to watch for in 2019.
A Greater Boost from Technology
There is no doubt that technology is having a strong impact on the world of commercial real estate. From prospecting to blockchain-driven smart contracts, technology is helping investors in every step of the process. The challenge facing investors, however, is determining just how much faith to put into this emerging tech and how much to stick with what is tried and true.
A Resurgence in Brick-and-Mortar Retail Spaces
Thanks to the rise in online shopping, commercial investors have become somewhat leery of investments in retail spaces. There are two trends, however, that give credence to the idea that brick-and-mortar retail is far from dead. The first is the move of a number of previously online-only retailers into brick-and-mortar stores. The second is car dealers ranging from Tesla to Audi moving from large dealerships to smaller retail storefronts and shopping malls.
Millennial Transformation of Suburban Planning
When millennials were predominantly in their 20’s, they craved a more urban environment just like their parents and grandparents did in the full blossom of their youth. As they move into their 30’s and start bearing offspring of their own, they are migrating en masse to the suburbs. Just like their parents and grandparents did before them.
Unlike their parents and grandparents, however, millennials want to take all of the conveniences of the city with them. Rather than moving into sprawling planned communities with a grocery store a quick drive away, millennials prefer smaller, planned communities with all of the conveniences of city life just a quick walk away. This means more opportunities for offices, retail, and restaurants.
Has TopGolf Helped Boost Golf's Popularity?
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5 Useful Commercial Real Estate Tips
The first step in purchasing commercial real estate is knowing what you want! It is imperative that you enter the process knowing yourself, your situation, and what you’re looking for.
4 Tips for Selling Your Resort Real Estate
These nuances in turn influence how you and your real estate professional will ultimately market and sell the resort space.
Common Mistakes Real Estate Investors Make
Here are a few common mistakes that are generally made at this time of year that investors should make sure to take note of.
New Golf Course Construction in 2019
Here are some of the prominent course openings golfers can expect this year.
Resort Properties Continue to Thrive and Expand
With a renewed focus on self care and healthy living within the last few years, many are fully committed to a new wellness lifestyle making time away from work and stress a top priority. And what better way to refresh and administer self care than with a vacation?
Understanding Sustainability in Real Estate
The word “sustainable” has become a buzzword in real estate development. Whether you are building a home, office building or apartment building, sustainability is fast becoming a factor in making or breaking a deal.
A Look at Golf Courses Designed by Golf Pros
here are a large number of golf course architects out there who have designed gorgeous golf courses around the world.