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“The renovations will modernize the facility, and the renewable energy solar project will reduce the carbon footprint while converting the property into a sustainable facility,” says Sky Management's Alex Dembitzer.
Technology-related disruptors like Amazon, autonomous vehicles and Airbnb will dramatically and permanent shift the way we use real estate, while other types have been overplayed, London Moeder Advisors' Gary London tells GlobeSt.com.
According to Joseph Ori of Paramount Capital Group, data analytics will allow real estate practitioners to make better decisions and plans and increase profits in a CRE portfolio.
With e-commerce bringing so many changes to retail, one Chicago-area firm believes it's a good idea to get a foothold in the quickly expanding distribution sector.
“We are extremely proud of the choices we have made in designing the office space,” says John Mortenson, partner-in-charge of the East Brunswick office.
Among other things, the multi-faceted arrangement entails WeWork leasing space at HBC stores; the retailer's Richard Baker calls it “a transformative partnership.”