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CRETECH November 22, 2017
Successful commercial real estate (CRE) investment has always hinged on access to — and effective use of — good information. From occupancy reports and tenant viability analyses to owner debt summaries and maintenance and utilities logs, information is often the most valuable thing an investor and their broker can possess when looking to identify and close a profitable deal. But while technolo...
CRETECH November 22, 2017
In the realm of commercial real estate sales strategies, the email reigns supreme. Emails are the most powerful and cost effective way of selling your services. But, like Uncle Ben told Peter Parker before he died for the 18th time, “with great power comes great responsibility”. Amateur mass emailing can make you a nuisance and negatively portray your business. This is why mastering email temp...
CRETECH November 22, 2017
We’re living in such a digital world these days that it almost feels as if we barely need to leave our homes to run everyday errands. You don’t have to visit the grocery store to get produce at your front door, or need to head to the movies to watch the hottest new flicks. You can get beauty products from across the world on your front step with free 2-day shipping, and getting food from your ...
CRETECH November 22, 2017
Written by ADMIN on 11.21.17 in Commercial Real Estate, Industrial, Market Trends, Retail- No comments Thanksgiving is right around the corner, and while the commercial real estate industry has experienced its share of challenges this year, it's also evolving at an unprecedented rate. Change creates opportunity, and from booming industrial markets to the promise of new technologies, CRE profe...
CRETECH November 21, 2017
Survey: Retail Associates Seek Mobile Tech to Defend Against E-CommerceAs seen on Street Fight Mag. As retailers with brick-and-mortar stores race to compete against e-commerce giants like Amazon, the job description of a sales associate is changing. According to the results of a new survey out this morning, nearly half of store associates say consumers are sometimes more knowledgeable about produ...
CRETECH November 20, 2017
Thanksgiving is right around the corner, and while the commercial real estate industry has experienced its share of challenges this year, it’s also evolving at an unprecedented rate. Change creates opportunity, and from booming industrial markets to the promise of new technologies, CRE professionals have a lot to be thankful for this year. #1. Industrial just won’t stop growing Last year the i...
CRETECH November 20, 2017
You can’t be a CRE blogger and not talk about Amazon. They have single-handedly impacted not only the way the entire retail space operates, but the physical structures of commercial real estate, as well. More recently, I’ve talked about my thoughts on Amazon Go and some other ways the ecommerce behemoth has been shaking up literally everything we know. But today, I want to talk about friction....
CRETECH November 19, 2017
For the past year, Amazon employees have been test driving Amazon Go, an experimental convenience store in downtown Seattle. The idea is to let consumers walk in, pick up items and then pay for them without ever standing in line at a cashier. Amazon is vague on the mechanics, but the store relies on a mobile app and some of the same sensing technology that powers self-driving cars to figure out wh...
CRETECH November 17, 2017
When I was growing up in Irmo, South Carolina, in the early 2000s, I spent a lot of time taking long, aimless drives. Most often, I’d head across the dam into Lexington, then follow U.S. 1 past haciendas and taquerias and strips malls full of insurance companies and antique stores. I’d pass the chicken processing plant, the hardcore club, the new condos, and I’d speed across the bridge over ...
CRETECH November 17, 2017
Walmart is further expanding into same-day delivery with the help of its existing delivery partner, Deliv. The companies today announced they will now be working together to power same-day grocery delivery in the San Jose area, where users will be able to shop online then schedule deliveries from 8 AM to 8 PM, seven days a week. Deliv and Walmart have been working together for some time, including...