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New Apto National Broker Buzz Poll reveals: What commercial real estate brokers really think about WeWork, coworking trend

By The Apto Team on Sep 6, 2018

20180403-wework-houston-galleria-offices-4_320x180Commercial real estate brokers generally are not threatened by WeWork and the overall co-working trend, according to the latest Apto National Broker Buzz Poll, which was conducted the week of August 20.

The poll asked specifically: “How much of a threat is WeWork to the CRE brokerage business?” Here’s how brokers responded:

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First dance with Mary Jane: Here’s what brokers should know about the cannabis CRE market

By Erik Dolan-Del Vecchio on Aug 7, 2018

how-to-start-a-dispensary-219035-editedWeed, pot, grass, marijuana or cannabis — no matter what you call it, this plant is shaking up voting booths and real estate markets across the country.

It’s one of the fastest growing niches in the industry, but thanks to legal problems, funding difficulties, and general wide scale uncertainty, it’s no surprise brokers have been a little slow to embrace cannabis real estate.

But for brokers wanting to dance with Mary Jane, the time to be slow is over.

The global cannabis industry is expected to grow over 20% over the next four years. In North America it’s expected to grow even faster. That type of growth is creating opportunities for brokers comfortable with the uncertainty that comes with cannabis real estate.

But before you dive in, it’s important to know the niche’s risks and opportunities. So from understanding cannabis’ legality to recognizing how its unquenchable thirst for real estate could impact your market, here’s everything you need to know about the intersection of cannabis and CRE.

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What WeWork’s retail debut says about the state of retail

By Erik Dolan-Del Vecchio on Jul 23, 2018

WeMRKT_2The company that’s shaking up office markets just took a major step into retail.

WeWork recently launched a new business concept, dubbed WeMRKT, at the co-working giant’s 205 Hudson location in New York City. WeMRKT is a small shop that sells products created by WeWork members, and while there’s currently only one location, WeWork said it plans to expand the concept nationally.

WeWork’s decision to step into retail comes at a turning point in the market. From Toys R Us to Nine West, retailers across the country are filing for bankruptcy at record levels as consumer shopping habits continue to shift.

But not all retailers are struggling. Discount shops are booming while retailers who effectively employ creative, omnichannel strategies are finding success.

WeWork’s new concept is another step in retail’s evolution. From the fusing of the office and retail sectors to new opportunities for brick-and-mortar, here’s what WeWork’s foray into retail says about the current state of the market.

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Trend alert: The beautiful impact of biophilic design

By Irena Ashcraft on Jul 18, 2018

Etsy-green-space-320x213As we move towards a future of driverless cars, shrinking parking lots, and smart, connected buildings, there’s another quiet trend taking root: biophilic city planning and building design.

Biophilic design is bringing nature back into urban areas, balancing all that concrete and steel with more living plants, water, sunlight, and natural materials. It’s a way planners and architects are making public and private spaces a little bit wilder, greener, and healthier for the people who use them. Today, the trend is getting a high-profile boost from major tech companies who’ve incorporated it into their office designs, from Microsoft’s treehouses to Apple’s orchards.

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What brokers are buzzing about: CRE sale prices, recession timing, summer barbecue

By The Apto Team on Jul 9, 2018

man-coffee-cup-pen-large-320x213The results of the latest Apto National Broker Buzz Poll are in. Brokers are buzzing about:

  • Commercial property sale prices. Brokers believe prices have peaked for multifamily and retail properties, but not for office and industrial real estate.
  • Timing of the next economic recession. Brokers believe the next U.S. recession is not likely to arrive before 2020.
  • Interest rate hikes. Brokers say the Federal Reserve’s interest rate hikes are not yet slowing down commercial real estate sales activity.
  • Steak! Commercial real estate brokers grilled steak on the barbecue this past Fourth of July holiday weekend. See the actual survey results below to learn brokers’ next-favorite grilled meats of choice!

Thanks to those members of the commercial real estate broker community who participated in the poll, which was conducted during the last two weeks of June by Apto, the tech platform for commercial real estate brokers. Specific survey questions and answers follow below.

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Coworking isn’t what it used to be: find out the surprising new ways major corporations are leveraging the trend

By Nell Gable on Jun 11, 2018

SGCoworkingWorkhouse-min-1-1320x180Coworking made its mark as a solution for startups in need of a flexible, affordable place to house their teams while they proved out their idea. Spaces like WeWork, Industrious and Knotel became popular not only for their flexibility, but for the stellar amenities they offered. CEOs could treat their teams like royalty—think high-end coffee, beer on tap, HR perks and free events—without ever signing a long-term lease.

Initially, the idea was that businesses would stay in their coworking space until they matured to the point of being ready to sign that traditional long-term lease and move into their own space. But the recent trend of major corporations moving entire teams into coworking spaces, or simply allowing their employees the choice of working in coworking spaces around the city instead of one central office, has turned that notion on its head.

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The green roof initiative that’s causing controversy between developers and voters: Here’s what you need to know about the building trend

By Nell Gable on Jun 4, 2018

green-roof-save-money-320x240In November 2017, the city of Denver made history when voters moved to require new and existing buildings over 25,000 square feet to allot a portion of their roofs to vegetation, or green roofs.

Not everyone in the city was pleased with the new initiative, however. Many building owners feel the rule is too strict and will make building in the city too costly. The Green Roof Task Force Committee, comprised of various stakeholders, is now working to recommend changes to the new ordinance to city council.

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4 key takeaways from ICSC RECon 2018

By Erik Dolan-Del Vecchio on May 29, 2018

Las Vegas-2The retail industry is in the midst of massive change. From the rise of e-commerce to record bankruptcy rates, it’s clear that retail needs to evolve with the times.

Nobody knows that better than the experts who presented at the International Council of Shopping Center’s RECon 2018 convention, which ended just last week. The event is the world’s largest gathering of retail real estate professionals, and while the mood was largely optimistic, many people also voiced concerns about where the industry is heading.

During the convention experts discussed all things retail, and from fine tuning the tenant mix to using technology to create an omnichannel experience, here are four key takeaways from this year’s convention.

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[Survey results] What brokers are buzzing about: The shutdown of Xceligent

By The Apto Team on May 16, 2018

Cloud_buildings-403353-edited-680277-editedThe results of the first Apto National Broker Buzz Poll are in, and the results are loud and clear. Brokers are buzzing about the shutdown of Xceligent, and they are concerned that CoStar — the dominant player in commercial property availability information — will raise prices as a result.

Highlights of the survey are below.  Thanks to those members of the commercial real estate brokerage community who participated in the poll.

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From the skies to the stadiums: 5 fun CRE stories this month

By Irena Ashcraft on Apr 12, 2018

cre-stories-710795-editedThis month, we’ve been following CRE developments across the nation, from a new kind of sports arena in Texas to a sky-high traffic solution in Boston. Here are the stories that made us stop and think this month:

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