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

Coworking 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.

Topics: Industry News

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

In 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.

Topics: Industry News Interviews

4 key takeaways from ICSC RECon 2018

The 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.

Topics: Industry News

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

The 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.

Topics: Industry News

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

This 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:

Topics: Industry News

CRE paradigm shift—warehouses are now more valuable than offices. Here are 3 things to know.

Big-box warehouses are officially worth more than office buildings.

You read that right.

That’s according to a Colliers International report, which said that in 2017 big-box warehouses (measuring at least 200,000 square feet and boasting 28-foot ceilings) sold at an average capitalization rate of 5.8%. That’s below the 6.7% cap rate for all U.S. office space and nearly beats the 5.7% rate for offices in central business districts, Bloomberg reports.

Topics: Industry News

6 PropTech conferences to network at this year

Technology is pushing the commercial real estate industry to evolve faster than ever before. From software that integrates the entire deal lifecycle to smart buildings that automatically reduce indoor CO2 levels, PropTech comes in all shapes and sizes.

Using the right technology gives everyone from brokers to owners major advantages in today’s market, but before you can realize those gains you need to learn what technology is right for you. PropTech conferences are a great opportunity to do that.

They’re also fun and offer fantastic networking opportunities.

There are tons of PropTech conferences and seminars scheduled for 2018, so rather than try and cover them all, we decided to hone in on six we believe will be the largest and most important. From Paris to San Francisco, attend these conferences to stay at the forefront of industry innovation.

Topics: Industry News CRE Tech

Check out this year’s DNA of #CRE Report

Have you seen the DNA of CRE survey yet? Buildout and theBrokerList teamed up for the third year in a row to examine the genetic makeup of the commercial real estate industry.

Take a look at how the #CRE world works for both brokers and marketers. Plus, the uncovered data provides a benchmark to see how you stack up against your peers across the country!

We’ve included the broker breakdown below, and you can check out the rest here.

Topics: Industry News

3 ways Millennials and Gen Z are changing CRE

Although tech adoption has increased in recent years, the commercial real estate industry is still pretty old school. But that wont be the case forever, and from the industry age gap to changing preferences in the workplace and market, Millennials, and Generation Z are already making waves throughout the industry.

Many segments of the CRE world are in need of young talent. The latest National Association of Realtors Commercial Member Profile said the median age of a commercial realtor was 60 years old. That dynamic is pushing companies across the industry to hire younger workers, and when it comes to work/life balance and commercial space needs, Americas younger generations have different expectations than their predecessors.

From a growing demand for remote work to market changes impacting future space needs, Millennials and Generation Z are forcing the industry to evolve.

Topics: Industry News

Scandals and sports bars: This month in CRE

This month, there was a lot in the world of CRE that caught our eye, including a federal-level controversy, a possible opening for Amazon HQ, and the triumph of Dave & Buster's.

Here’s what’s on our radar for February:

Topics: Industry News