The “Silver Tsunami” is coming by 2030 and in some places, it has already begun. Americans born during and directly following the end of WWII, commonly referred to as Baby Boomers, represent the second largest age demographic group in the U.S. behind millennials. As this massive group moves toward retirement, it is signaling big changes for multi-family buildings of the future.
Pharmaceutical firms and the life sciences sector have been driving significant activity in the Princeton/Central New Jersey submarket for several years, but the market has slowed down considerably since 2016, and the service/business/legal sector have overtaken health sciences as the fastest expanding office sector, according to new research by NAI Fennelly, which has offices in Hamilton and Princeton.
Experts predict that next year, online retail sales will almost reach $3 trillion. Predictions for brick-and-mortar retail have been dwindling over the last decade but expect big changes to reverse that trend as well. What will the retail 2018 landscape look like? Here’s what you can expect.
If you followed our blog this year, you will have been ahead of the times on some of the biggest changes going on in CRE. These changes are ongoing into 2018 and beyond. So we thought it would be important to go over some of those game changing blogs we’ve written over the year in case you have missed something.
When Thomas Friedman published his seminal book, The World is Flat: A Brief History of the Twenty-First Century, in 2005, his analysis of globalization described a new world order of commerce wherein all competitors have an equal opportunity.
Could you say that you have a solid social media following? If so, are they simply following you or are they actually engaging with you? The answers to these questions will tell you whether or not you need to step up your social media game. If you are underwhelmed by your social media strategy, we have 5 tips to help you make a bigger splash on social media in 2018.
Move over, Motor City and Motown as handles for Detroit, and make way for Momentum City.
The cost to destroy large shipping containers is exorbitant. Instead, they tend to linger in ports, rusting away – that is until now. Some out-of-the-box thinking has found a new use for these monstrosities; turning them into livable spaces. The idea of converting shipping containers into homes, offices, and multi-family developments could be the next big CRE architecture trend.
In June the U.S. economy entered its 96th month of economic expansion, the third longest in U.S. history since 1854.
These days, technology is changing faster than ever. Keeping up to date seems like a never ending cycle. It’s easy to forget that the smartphone emerged only ten years ago, and now it is ubiquitous. Here are some of the technologies that you should be keeping your eye on in 2018 and the future.
Companies ranging from the big automakers in Detroit to tech firms in Silicon Valley are pouring research dollars into driverless cars, and this development is projected to completely change the future of commercial real estate. This transition creates opportunities for new investment as well as challenges for existing properties.
As getting real estate right is so crucial, yet so difficult, for companies in China, the author has listed five kinds of mistakes that companies make time and time again.
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