Modular construction holds massive promise for the commercial real estate industry. When used the right way, modular construction models are a great alternative to traditional building methods.

Drones have come a long way. It’s been a few years since their widespread explosion of popularity and they’re being applied in ways never before anticipated. Drones are much more than just photography and videography - they’re playing a big role in optimizing business industries all around the world. Today’s professionals use drones as a vital resource  - including commercial real estate. Here are some of the latest ways in which the commercial sector is using drones.

Technology is revolutionizing the property management business by providing convenient answers to common pain points. Let’s check out these 4 types of technologies and how they’re helping to optimize CRE property management.

While many factors are instigating workplace developments, the main vehicle of change is the evolving workforce. By 2021, it’s estimated that 50% of the workforce will be comprised of Millennials. By 2030, this will spike up to 75%. Right on their heels is Gen Z, who is also causing major shifts in the industry. What we’re looking at is a completely reimagined working culture. Everything will be adjusted to meet the needs of the new workforce - including the physical spaces. Big developments are coming for commercial office design, and everyone in the industry is eager to know what’s coming next. Let’s explore these 3 changes and how they’re affecting CRE’s physical properties.

2019 has ushered in a whole new era of medical office spaces. As technology continues to advance and the needs of contemporary patients diversify, the medical office space had no choice but to adapt. Today’s medical offices hardly resemble their predecessors, and it’s changing how the medical business gets carried out. 

Transit-oriented development projects not only benefit the people who use them, but they also empower communities and help the environment. Here’s a breakdown of this growing trend and its game-changing effects.

Design/Build is taking the commercial world by storm as it’s changing the way that businesses are being established. It’s one of the fastest-growing methods for modern construction projects in the US, and the industry can’t get enough.

Nearly 70 percent of today’s office spaces have adapted to some form of an open office concept. Open office spaces aren’t going anywhere, but the way they are designed is changing. The idea of open offices has surpassed its infancy and is entering a phase of maturity that’s focused around providing the best experience for workers. These are the top five trends we’re watching as the open-concept office evolves.

According to ICSC, 64 percent of retailers will open new stores in 2019. But it’s the downfall of mediocre retail. Tenants need to see the data, customers need to feel a sense of shared values and community before making purchasing decisions. But how can average shopping centers step above mediocrity and attract the tenants they need to thrive? Try these tips for attracting new retail tenants:

HSP Real Estate Group and NAI Global have launched the sale of 91,398-square-feet of retail space at Queens Blvd and 63rd Drive in Rego Park. The 100 percent leased, two-acre portfolio consists of four distinct noncontiguous sites with one- and two-story buildings and includes such nationally recognized tenants as Starbucks, Rite Aid, Duane Reade, HSBC Bank and JP Morgan Chase Bank …

The multifamily market is one of the strongest assets you can add to your portfolio. But managing one can be one of the most difficult. There are a lot of moving parts, and multiple tenants to worry about when managing a multifamily property. So what are your options?

We’ve all heard it, a CRE profession has got it all - success, money, and freedom. From an outside perspective, commercial real estate may seem like the perfect job. However, there are aspects of the industry that aren’t as glamorous, and as a result, are less talked about. CRE is a highly competitive industry that requires time, effort, and an endless drive towards success.