A real estate company in New York is using Google Glass to train their agents. As the company claimed in an interview with Inman News, the work between a client and the agent will be recorded (under the agreement of the client) and monitored in the real time by a manager with the purpose of […]
Facing the high pressure from e-commerce competitor Amazon and the discount retail chain such as Wal-Mart, Barnes & Noble is working hard to shrink the loss. Its traditional bookstores and college stores have better performance than Nook e-readers, although Barnes & Noble has invested big money on its tablets that were struggling in making […]
We spend one third of our entire life sleeping, so it’s worthwhile of paying big money for a really nice bed. It is the same when it comes to office space. We work approximately 8 hours, a.k.a. one third of a day. If staying and working (or not working) at the office feels like the […]
Oops, here comes a rainy day and you need cash? You find a better location for your business or you are doing very well and need a bigger space for your growing business? Well, whatever reason people might have to sell their properties, there is one thing that everyone would be concerned about—how much tax […]
The sales volume during the 4th quarter of 2013 rose 8% year-over-year with a 1% sales price growth. The cap rates averaged 8.7 percent in the 4thquarter, a 50 basis point decline from the third quarter, based on survey data from the National Association of REALTORS. Many of the survey respondents hold a positive attitude […]
In the past decade, the commercial real estate industry has been going through its ups and downs. From 2000 to 2010, large numbers of commercial real estate companies had been showing up but the industry revenue didn’t catch up with the speed of increasing companies. Then the winter came with the economic recession, busted the […]
1. A coffee house that matches with consumers’ lifestyles. If your sweet spot is located in an area crowded with colleges and offices, make a little effort to make the place comfortable for working and socializing. If your sweet spot is located in an area with significant high foot and car traffic, give some thought […]
Already finished the research about consumers and competitors in a specific area you want to jump in? Good! Then, it’s time to pick up a space to start your restaurant. The direct asking rent per square feet for a retail space normally is lower than a restaurant space. Renting a retail space seems a good […]
You don’t need to worry about the cost of managing your investment if you know how to manage it efficiently by yourself. It is not an easy task even though you have good reliable tenants. You need to have basic understanding of money and safety issues, local municipal, and city and state laws. If you […]
The Business Monitor International upgraded their 2014 real GDP growth forecast from 2.7% to 2.8% with growth set to average 2.4% per year from 2013-2018. Our economy is recovering. With a growing external trade demand from the key US trade partners, including Canada, Mexico and the United Kingdom, both the industrial and office segments […]
