By Revathi Greenwood Technology is disrupting all kinds of industries, from ride sharing and taxis to streaming services in entertainment. Apart from some early adoption in the retail and industrial space – largely due to the disruptive nature of eCommerce – commercial real estate (CRE) has not seen a paradigm shift in implementing new technologies. Most change has been … Continued

By Garrick Brown The number of standalone retail projects that will fail is likely a lot less than many fear, but the way out for these properties will increasingly be mixed-use. Struggling Class C malls may find new life as mixed-use multifamily, medical, campus, office or hospitality projects, and urban office, multifamily and hospitality projects alike … Continued

Due diligence is a crucial step for any business that seeks to make a smooth transition into newly leased space, says Simon Caplan, SIOR, a partner at Cushman & Wakefield/CRESCO Real Estate. “When you sign a long-term lease, you are now married and committed to that space and the landlord,” Caplan says. “You need a strong … Continued

By Randy Thompson When Build-to-Suit is the Only Option In today’s eCommerce-driven economy, keeping up with consumer demand is imperative to success. But as retailers continue to grow, it can be difficult to find existing distribution centers that meet standards for labor, transportation costs, incentives, clear height, dock positions, and so on. Luckily, there’s a great option … Continued

By Garrick Brown & Ben Conwell On June 21 the United States Supreme Court issued its ruling in the case of South Dakota v. Wayfair.  This case, which Accounting Today referred to as “the tax case of the millennium,” held the promise of clarifying, once and for all, the thorny issue of local internet sales tax collection. The issue at … Continued

By Ben Conwell Amazon Prime Day, the biggest sale of the summer, has come and gone, and just as expected, the “holiday” sales came in at a record high. For those that missed the headlines about the eCommerce giant’s fourth annual Prime Day, the 36-hour sales event for Amazon Prime members featured over one million deals … Continued

By Alistair Parker After half a century of decline, are department stores merely the dinosaurs of a past retail era or are they possibly the harbingers of future urban destinations? Despite large scale closures over the past decade in North America and Europe, there have been a surprising number of new store openings. Companies like Karstadt, … Continued

By David Smith What makes a city attractive to occupiers? Markets across the country grapple with this question in an attempt to be the destination of choice for new companies and organizations looking to expand to a new office location. Just as employees are benefiting from a tight job market, companies currently have leverage in many … Continued

By David Smith “Millennials are killing [insert item]…” Generational descriptions are often broad stereotypes utilized (by those not in the generation in question) to identify everything “wrong” with the newest generation of workers or students. In this way, millennials have been blamed for destroying numerous products and industries (e.g., cereal, bars of soap, marriage, home ownership, … Continued

By Richard Hamilton Retailers may face significant challenges when expanding further into online/eCommerce business. Some of these may involve issues in supply chain management. Probably one of the largest obstacles is developing an effective fulfillment strategy. When it comes to making this decision, it is advisable to review the possible benefits of using a 3PL (third-party … Continued