8 of the tallest buildings currently under construction

Cities are getting taller. Skylines are growing as developers and architects push the limits, yet when it comes to height, the world is not advancing at an equal pace.

Topics: Industry News

CCIM, SIOR, and beyond: The broker’s guide to certifications and professional associations

As a commercial real estate professional, the majority of your learning likely happens on the job through direct experience, or with colleagues and mentors.

But if you’re looking to continue your education and become a better broker, you might want to consider joining a professional organization or even taking a course or two. If you’re up for a challenge, then you can seek out a certification such as CCIM or SIOR.

To help you make the decision, we’ll take you through the pros and cons of professional associations and certifications—then help you evaluate some of your options.

Topics: Industry News

Why CRE needs more women—and what we can do about it

How many female brokers do you know?

While you may be able to name a few who’ve done remarkably well—women like Heidi Burkhart, for example—they’re getting harder and harder to find. In the past decade, there’s been a 10% decline in the number of female CRE brokers, according to a study by the CREW Network (PDF).

That loss is troubling, especially given how few women are in the industry to start with. According to NAIOP’s 2013  Commercial Real Estate Diversity Report (PDF), there are:

  • 14.1% women at the executive level*
  • 21.5% women at the mid level
  • 29.5% women at the professional level
  • 79.2% women at the clerical level

That’s a shame: these numbers don’t just reflect a loss of female talent at the higher levels, they reflect a massive loss of potential.

Topics: Industry News

Office overbuilding: Will it be a problem over the next two years?

The U.S. economy experienced soaring equity markets, growing consumer and business confidence and steady job creation over the last six months. While that’s certainly nothing to complain about, experts are increasingly wondering if recent economic success combined with shifting dynamics in the labor market puts office markets at risk of overbuilding.

Cushman & Wakefield published office forecasts for more than 100 global cities to judge the risk of overbuilding. From saturated top markets to booming secondary markets, developers, and investors alike face risk and opportunity over the next two years.

Topics: Industry News

Coworking isn’t just for startups. Here’s what brokers should know.

WeWork began attracting large companies to its desks in May of last year. Now, those companies represent its fastest-growing business.

Large companies increasingly value maintaining a number of coworking desks for added flexibility, networking opportunities, and, if for nothing else, to keep an eye on startups. From WeWork’s changing customer base to an increased focus on amenities, evolving trends in the marketplace position the office sector for another wave of disruption.

Topics: Industry News

10 examples of stellar office design in 2017

Since the dawn of the coworking boom, many have predicted the end of the traditional office as we know it.

But while cubicles and cramped offices with dingy overhead lighting may be on their way out, the office itself is alive and well, thanks in part to the creativity of top office design firms.

Companies have started to recognize that employees do their best work in spaces built for creativity, and design firms like HDG, Rapt Studio, and Nelson have stepped up to meet this demand.

It’s not just trendy startups jumping on the office space design trend—from Teach For America to Mattress Firm, organizations of all different types are sprucing up their digs to nurture and compete for the best talent.

We’ve selected some of our favorites:

Topics: Industry News

Trend alert: Why WeWork and others are betting on co-living

When WeWork first entered the co-working space in 2010, established real estate giants had little to worry about from their scrappy, young competitor.

That was seven years ago. Today, WeWork is valued at $20 billion and winning over major corporate clients like IBM, Spotify, and Salesforce. They're disrupting the office sector and giving titans like JLL and CBRE a good reason to be nervous.

Could their next big venture, co-living, disrupt the multifamily sector?

Topics: Industry News

Senior housing market update: Overbuilding, market saturation, and the year it will all tip

Senior housing market valuations peaked at the end of 2015, but since descending from that high investors have struggled to agree on the sectors future. While Millennials overtook Baby Boomers as Americas largest generation last year, Baby Boomers remain an enormous generation and number some 76 million individuals. Many of those people are approaching ages where they are more likely to use senior housing services, and that demographic shift promises to accelerate demand in the senior housing industry.

But the story isnt that simple. The sector is experiencing headwinds as critical markets become overbuilt, yet experts dont agree on the severity or scope of the problem. While short-term and long-term prospects in the sector differ, investors who understand the evolving dynamics at play are well positioned to take advantage of market opportunities.

Topics: Industry News

6 commercial real estate podcasts you should be following

Commercial real estate is an evolving industry, and to stay ahead of the competition, its essential to stay on top of developing trends and market dynamics. While taking a class is a great way to learn new material, classes are expensive and most people in the industry are time-strapped enough as it is. Whether youre on your commute or at the gym, following the right podcasts is one of the most convenient ways to keep up.

When it comes to commercial real estate podcasts, the market is saturated with potentially helpful material. To sort through the mass, we put together a list of seven podcasts sure to benefit anyone in the industry. Take your continued education one step further and pair these podcasts with the right books and you are sure to stay ahead.

Topics: Industry News

4 brands getting experiential retail right

It’s no secret that brick and mortar retailers are switching things up in an attempt to stay relevant. Companies of all shapes and sizes are feeling the heat from Amazon and the general shift in consumer preferences.

To be more specific, consumers are becoming are less and less interested in things. They want experiences, even in their shopping routines. Hence the idea of “experiential retail,” an attempt to create a well-rounded or interesting experience for shoppers outside of just the purchase of goods. If done right, these experiences keep people in the store longer and are also highly shareable on social media.

Here are four retailers who are doing it right:

Topics: Industry News