I’ve lost track of how many narratives I’ve written about how technology is changing the commercial real estate business. Here’s another one. 5G is on the way and it’s coming fast. What does this mean to the Commercial Real Estate Industry? Below is an article on strategizing for the arrival of 5G technology. Some of … Continue reading 5G and CRE
At the NAIOP national convention this past fall, a few speakers touched on the topic of what is going to change when autonomous cars and UBER/Lyft allow workers to stop driving to work. Below are some key slides from the presentation done by Juan Dorado, John Cadenhead and Steffen Turoff. For each slide, you can click … Continue reading Parking and the Driverless Future
I first commented on this topic back in 2015 (click here to see my narrative and the video). The age of robotics is coming. And last month, it got even closer. Boston Dynamics announced their first commercial robot is going on sale. Yes, it will be expensive and limited, BUT it will be a commercially … Continue reading Robotics are Here!
We are all watching and waiting to see what happens with autonomous vehicles (especially those of us who live in Metro Phoenix as we have a number of companies testing AV’s every day). We thought they would never come, then we thought they would be here in 2020, and now… here is an update. Turns out … Continue reading Standoff with a Jaywalker
We know technology is changing our lives. What is astonishing to me is the speed of adoption. The second graph in the below article shows just how fast this is happening with new technology—The lines are almost straight up. Here is why: Today’s consumers want immediate impact in their daily lives. With cell phones and … Continue reading The Speed of Technological Adoption
Watching and learning outside our industry over the past decade, I have seen how Big Data is taking over. Well, it’s finally coming to Commercial Real Estate (CRE). How much? Below is a graphic from CB Insights showing the companies and areas they are working on for creating smart cities. Here are some thoughts … Continue reading The Big-Data Deluge
Below is an interesting article from The New York Times about office landlords seeking a competitive edge in leasing space to tenants. Our primary market is Phoenix, so when I travel or read, I am always watching out for trends and changes in what owners are doing and what tenants are leasing. Here are … Continue reading Gaining a Competitive Edge in Office Buildings
One trend I actively follow is automation. In 20 years, what jobs will be done by robots? With new advancements in technology, it’s not just the routine data entry and labor jobs that are in danger anymore. Robots can now analyze emotions, perform surgical operations, even drive semi-trucks across the country. All these developments beg the … Continue reading Humans are Underrated
Technology is changing everything, from the way we eat and drive, to how we communicate and work. The “digitalization of everything” is changing how we work and therefore the skills we need to do our work. Brookings produced a study in late 2017 that is highlighted below and here is a link to the full study. Here … Continue reading The Digitalization of Everything
Over the past few months, Amazon has been very public about their search for a second headquarters. (They have looked at 238 different cities.) I wanted to share a bit of this process and what it might mean to the economic development communities across the country. The Amazon announcement will play out over the next year, but … Continue reading Amazon Headquarters Selection Process