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Top 10 Emerging Trends in Real Estate for 2015

The Urban Land Institute is a thoughtful group of committed real estate practitioners who are global in their membership and thoughts. They have recently produced their emerging trends for 2015. You can click here for the complete document. Below I have included a few pages of Chapter 1 for a quick review, the entire document is lengthy.    Here are my personal highlights—most of …

Top 10 Emerging Trends in Real Estate for 2015 Read More »

In my final narrative for the week, I thought I would end with the company that I believe has made the most impact on our business: CoStar. Before CoStar, all companies had to do their own property research. This was time consuming and expensive. When I first started in the industry, each quarter, every broker in our firm had to …

Day 5: The One Commercial Real Estate Tech Company that Changed Our World Read More »

Hope you are finding this week’s series interesting. We are in the homestretch. Below are six additional companies to review. Zillow is probably the only household name among them. Enjoy. Craig 602.954.3762 ccoppola@leearizona.com   Company Name:  http://www.gethightower.com/ Upper Management: Brandon Weber, CEO Donald DeSantis, CDO Niall Smart, CTO Business Strategy: Hightower’s strategy is two-fold: One, to sell software to owners who …

Day 4: Tech Companies Trying to Eliminate/Assist Commercial Brokerage Read More »

Over the next two days, we will review 12 different technology companies that are in the commercial real estate space. Before I look at the companies that are trying to take business from commercial brokerage companies, a little background is necessary. I want to break the commercial brokerage industry down into two key segments: leasing and investment sales. …

Day 3: Tech Companies Trying to Eliminate/Assist Commercial Brokerage-First Six Read More »

Day Two of our Five-Day Series–In the early 2000’s, before the dot com bubble burst, hundreds of millions of dollars were invested and lost by startup companies trying to turn the commercial brokerage process into an automated endeavor. The theory was, and still is, that real estate brokerage can be automated like the travel agent business and …

Day 2: Why Tech Has Stayed Out of Brokerage for So Long and A Case Study of a Company Trying to Change It Read More »

I spent the last six months reviewing technology companies that are trying to disrupt the commercial brokerage industry in various ways. Over the next five consecutive days, I am going to share with you a number of these companies, what they are trying to do, who has invested in them and, of course, my take on their …

A Special 5-Day Series on Technology Companies Trying to Replace Commercial Brokerage–Day 1 Read More »

A lot can happen in a year. Our fourth quarter 2014 Phoenix Office Market Report came out last week and it looks noticeably different than our Q4 2013 report. Below is a link to the report and here’s a brief summary: The metropolitan Phoenix office market absorbed 620,000 net square feet (SF) in Q4 to push …

In The Know: Phoenix Office Report Q4 2014 Read More »

When density meets demand, creativity pops up. What the??? New York is planning to create a whole neighborhood for 65,000 people OVER an active rail yard. See below for some cool renderings and a moving graphic that is worth watching. To summarize: –They will build 300 concrete and steel caissons that will be inserted 40-80 feet into the ground.  –Then …

A Floating Neighborhood for NYC Read More »

I have spent almost 100,000 hours of my life committed to leasing commercial office space. After completing 3,500 commercial lease transactions and 30 years in the business, I decided to write the follow up to my first book How to Win in Commercial Real Estate Investing and have now written a book on commercial office space leasing. The …

My Third Book is Now Available: The Art of Commercial Real Estate Leasing Read More »

Today, I want to have a discussion about competition. Peter Thiel’s, founder of PayPal, article below got me thinking about basic lessons I learned in college 30 years ago and have experienced every single day since. The commercial brokerage business is brutal. Eighty percent of people who come into our business are gone within five years. Those of us …

Competition Is for Losers Read More »

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