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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.

Topics: Industry News
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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:

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

By Erik Dolan-Del Vecchio on Apr 10, 2018

warehouse-320x217Big-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
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6 PropTech conferences to network at this year

By Erik Dolan-Del Vecchio on Mar 15, 2018

mipim-proptech-europe-2018-conferences-320x192.pngTechnology 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.

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Check out this year’s DNA of #CRE Report

By The Apto Team on Mar 8, 2018

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.

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3 ways Millennials and Gen Z are changing CRE

By Erik Dolan-Del Vecchio on Feb 27, 2018

phone-millennial-abstract-320x259.jpgAlthough 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
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Scandals and sports bars: This month in CRE

By Irena Ashcraft on Feb 20, 2018

BJ_0065 (2).jpgThis 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
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Amazon HQ2 Race: Who’s leading and who’s been kicked out

By Erik Dolan-Del Vecchio on Feb 13, 2018

amazon hq2-320x213.jpgAfter receiving 238 proposals, Amazon narrowed the list of the possible metro areas to house its second headquarters to 20 contenders.

The list includes many of the country’s largest cities and is heavily focused on the East Coast, but it still isn't clear where Amazon will build its new $5 billion campus and create 50,000 high-paying jobs.

From top contenders like Washington D.C. to cities that surprisingly failed to make the cut, we decided to take a closer look at how the Amazon HQ2 race is unfolding.

Topics: Industry News
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6 tech predictions for 2018 and how they’ll impact CRE

By Erik Dolan-Del Vecchio on Feb 1, 2018

blurry_city-320x202.jpegTechnology is evolving faster than ever before. From Bitcoin’s explosive growth to drones buzzing in parks and construction sites across the country, 2017 was a year of rapid tech growth.

There’s reason to believe that growth will accelerate this year, and given how technology is impacting every segment of the industry, CRE professionals would do well to stay on top of unfolding trends—even those not directly related to the industry. From the fate of blockchain to increased job automation, here are six tech predictions for 2018.

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Why people think Amazon may buy Target and what a deal would mean for CRE

By Erik Dolan-Del Vecchio on Jan 16, 2018

amazon-target-320x180.jpgAfter buying Whole Foods for $13.7 billion, it seems like everyone has the same question: who will Amazon buy next? Predictions range from the sensible to the outlandish, yet of all possible contenders, Target is getting the most attention.

Well-known technology analyst Gene Munster recently predicted Amazon will buy Target sometime this year. With a current market cap approaching $42 billion, that’s a bold prediction, but it’s not unbelievable. Yet the deal is certainly not a sure thing and there are good reasons to think it won’t become a reality. While nobody can say for sure if Amazon will move to acquire Target, any potential deal would have an enormous impact on retail real estate and the technology it depends on.

Topics: Industry News
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