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Tag: warehouse

How Much Does a Commercial Property Inspection Cost?

August 14, 2024

Commercial properties require frequent inspections for many different reasons. From new acquisitions, to lease renewals, to recurring maintenance checks, commercial inspections are a standard part of every business’ annual expenses. From a property inspector’s perspective, these jobs are great due to the more professional, less emotionally charged approach in comparison to residential inspections. Plus, commercial properties offer an opportunity to examine bigger, more complex systems in pretty much every category. Investors and property owners may find themselves wondering just how the costs for commercial inspections are determined. Even if you’re newer to the commercial inspection process, you’ve likely seen firsthand that pricing is rarely just a flat rate and that it differs significantly from residential inspection costs. Just as commercial properties serve a wide variety of purposes and come in all shapes and sizes, commercial inspectors know that they have an equally wide variety of inspection needs. While this might make the cost of a commercial inspection tougher to predict in advance, a commercial inspector who factors in all of the unique qualities of the property in their proposal is more likely to deliver a product worth the cost! So, if you’d like more insight on how pricing is determined

Read More »

AI & CRE: How Artificial Intelligence Will Shake Up Commercial Real Estate

April 10, 2024

Artificial intelligence (AI) has been a hot-button topic of discussion, in not only educational settings, but the workplace. Business owners and investors want to stay ahead of the curve, and employees fear becoming redundant, but to make a long story short, no one knows fully what to expect with AI. For those who are using AI in their businesses already, early tools are being lauded as time-savers, improving productivity in many different areas and limiting time spent on mundane tasks. According to Forbes, the AI market size is on track to reach $407 billion by 2027 (from $86.9 billion in 2022), which means that all industries are going to have to learn to adapt. With a new industry that’s growing so quickly, AI is going to demand its own space to expand physically. To answer this growing demand, here’s how the CRE space will answer. Answering AI’s Growing Space DemandArtificial intelligence tools need developers and specialists working in those fields, which makes tech centers particularly reactive to industry growth. Areas like the San Francisco Bay area, Boston, Seattle, and New York will need to provide adequate working options for tech employees. In the past, this meant that investors could expect

Read More »

The E-Commerce Effect: How Online Shopping is Impacting Warehouses and Retail

June 28, 2023

Technology has a habit of drastically altering our lives. Do you recall the way you spent your idle time five years ago? A decade ago? Twenty years? Between the rise of streaming, the prevalence of social media, electric vehicles, and the era of artificial intelligence, some technologies are so commonplace that it is hard to imagine life without them, while other innovations make projecting industry trends a tall order. Making smart moves in any industry means staying on top of these innovative technologies and tracking trends. For the commercial real estate industry, one form of doing business that’s undoubtedly been sending ripple effects throughout the industry is E-commerce. What is E-Commerce, and How Has it Changed?E-commerce is an abbreviated term meaning “electronic commerce,” and refers to the rising industry of online shopping, where consumers can purchase from their favorite brands, select a delivery location of their choice, and even offer direct feedback on their experience all without leaving their desktop. Today, businesses are practically required to use an online store in order to see success, and some businesses have been able to operate entirely as an online entity – without any physical presence whatsoever. Due to the incredible ease of

Read More »

Why Industrial CRE is “Looking Up”

March 24, 2021

Every type of business from clothing retailers to grocery stores had to adapt their supply process to meet the demand. To try and store enough inventory and get orders out quickly to customers, some companies are turning their eyes to the sky.

Read More »

How Much Does a Commercial Property Inspection Cost?

August 14, 2024

Commercial properties require frequent inspections for many different reasons. From new acquisitions, to lease renewals, to recurring maintenance checks, commercial inspections are a standard part of every business’ annual expenses. From a property inspector’s perspective, these jobs are great due to the more professional, less emotionally charged approach in comparison to residential inspections. Plus, commercial properties offer an opportunity to examine bigger, more complex systems in pretty much every category. Investors and property owners may find themselves wondering just how the costs for commercial inspections are determined. Even if you’re newer to the commercial inspection process, you’ve likely seen firsthand that pricing is rarely just a flat rate and that it differs significantly from residential inspection costs. Just as commercial properties serve a wide variety of purposes and come in all shapes and sizes, commercial inspectors know that they have an equally wide variety of inspection needs. While this might make the cost of a commercial inspection tougher to predict in advance, a commercial inspector who factors in all of the unique qualities of the property in their proposal is more likely to deliver a product worth the cost! So, if you’d like more insight on how pricing is determined

Read More »

AI & CRE: How Artificial Intelligence Will Shake Up Commercial Real Estate

April 10, 2024

Artificial intelligence (AI) has been a hot-button topic of discussion, in not only educational settings, but the workplace. Business owners and investors want to stay ahead of the curve, and employees fear becoming redundant, but to make a long story short, no one knows fully what to expect with AI. For those who are using AI in their businesses already, early tools are being lauded as time-savers, improving productivity in many different areas and limiting time spent on mundane tasks. According to Forbes, the AI market size is on track to reach $407 billion by 2027 (from $86.9 billion in 2022), which means that all industries are going to have to learn to adapt. With a new industry that’s growing so quickly, AI is going to demand its own space to expand physically. To answer this growing demand, here’s how the CRE space will answer. Answering AI’s Growing Space DemandArtificial intelligence tools need developers and specialists working in those fields, which makes tech centers particularly reactive to industry growth. Areas like the San Francisco Bay area, Boston, Seattle, and New York will need to provide adequate working options for tech employees. In the past, this meant that investors could expect

Read More »

The E-Commerce Effect: How Online Shopping is Impacting Warehouses and Retail

June 28, 2023

Technology has a habit of drastically altering our lives. Do you recall the way you spent your idle time five years ago? A decade ago? Twenty years? Between the rise of streaming, the prevalence of social media, electric vehicles, and the era of artificial intelligence, some technologies are so commonplace that it is hard to imagine life without them, while other innovations make projecting industry trends a tall order. Making smart moves in any industry means staying on top of these innovative technologies and tracking trends. For the commercial real estate industry, one form of doing business that’s undoubtedly been sending ripple effects throughout the industry is E-commerce. What is E-Commerce, and How Has it Changed?E-commerce is an abbreviated term meaning “electronic commerce,” and refers to the rising industry of online shopping, where consumers can purchase from their favorite brands, select a delivery location of their choice, and even offer direct feedback on their experience all without leaving their desktop. Today, businesses are practically required to use an online store in order to see success, and some businesses have been able to operate entirely as an online entity – without any physical presence whatsoever. Due to the incredible ease of

Read More »

Why Industrial CRE is “Looking Up”

March 24, 2021

Every type of business from clothing retailers to grocery stores had to adapt their supply process to meet the demand. To try and store enough inventory and get orders out quickly to customers, some companies are turning their eyes to the sky.

Read More »