Retail vacancy down, rent up: Don’t stop thinking about your tenants now
“Investors will continue to benefit from restrained supply growth as multitenant availability falls well below 6 percent,” reads the report by Marcus & Millichap “2019 Retail: North American Investment Forecast.” But while retail vacancy is...
3 ways technology can boost the longevity of CRE
A recent report estimates “the number of devices with IoT adoption in office buildings will rise to 3,331 million across all markets by 2022,” which is a 153 percent increase over a five-year period. This dramatic increase reflects a shifting consumer...
CRE building amenity programs: 3 tips for tenant engagement
According to CBRE, 62% of building occupiers expect to increase investment in workplace technology in 2019. All types of tenants and businesses are turning to tech to improve their operations, culture, and experience. Buildings that offer a tech solution...
Technology’s role in the expansion of experiential retail
Worldwide retail tech spending will reach $203.6 billion in 2019. Macy’s is one of the biggest retailers adopting a lavish experience to customers. Their experience hopes to create a “real-life version of scrolling through Instagram.” With 87...
5 hot CRE technology buzzwords defined
$9.6 billion was invested in the commercial real estate tech sector in 2018. That’s a lot of new technology, and even more new terminology to learn about. If technology is not your first language, the alphabet soup of acronyms describing all of this...
3 ways technology is changing the way we communicate in physical spaces
According to a recent report, “the cost of poor communication costs businesses $37 billion across the U.S. and U.K. This report also estimates that communication barriers cost the average organization $62.4 million per year in lost productivity.”...
Mallcomm wins prestigious Sceptre Award – Mall Technology Innovation of the Year
Toolbox Group’s real estate management and tenant engagement technology, Mallcomm, has received one of the retail real estate industry’s highest accolades – the Sceptre award for Mall Technology Innovation of the Year. More than 500 of the...
Transforming workplace communications for offices: 3 savvy ways
The World Economic Forum lists “technology” as one of the key features of the office of the future. One of the biggest drivers for this push to a technologically advanced office space is the need for more accessible communication. But spearheading...
6 ways to make proptech deliver for your business
There is no doubt that investment in real estate technology is one of the key priorities right now. 89% of real estate businesses know they need to engage with proptech companies to adapt to the changing global environment. However, only a third have...
Future retail and technology: The Opportunity
$9.6 billion was invested in the commercial real estate technology sector in 2018. Technology is not a trend, it’s a total disruptor — and retail is at the forefront of the technological change. It’s an age of enlightenment. There are no limits...