November 28th, 2016
Each week, I select a few articles that rise above the fray and hopefully help you on your journey in the CRE world. They pull from one of four "corners:" corporate real estate, technology, management science and anything positive. I welcome your comments on these articles and the submissions of others (with credit to you if I post them). I wish you a terrific week!Slow but Steady Office Rent Growth Feels Even Stronger in Today's Low Inflation Environment"Along with steady growth in office jobs and muted levels of construction, the slow but steady growth in office leasing rates since 2011 may be helping extend the current recovery, in contrast to past cycles when rent spikes preceded market downturns in 1999-2000 and especially 2006-2007." www.costar.comHow Predictive AI Will Change Shopping"Responsive retail has peaked, and we’re about to enter the era of predictive commerce. It’s time for retailers to help people find products in their precise moment of need — and perhaps before they even perceive that need — whether or not they’re logged in or ready to click a “buy” button on a screen. This shift will require designing experiences that merge an understanding of human behavior with large-scale automation and data integration." www.hbr.comDear Tenant: Your Uber Is HereRide-sharing starts to change the way cities, urban landlords think about real estate"As urban real estate becomes ever-more expensive, some property developers are shrinking or killing their parking spaces and offering Uber subsidies and other incentives instead." www.wsj.comLong-Term Employment Is Over -- Where Does That Leave You?"We are rapidly moving out of one working world and into a new one. A generation ago you got a job straight out of college and kept that job for years or decades.Now it’s hard to keep a job for five years, much less twenty or thirty years.More and more people who were working full-time are being pushed outside their organizations to work for contract agencies or outsourcing companies.” www.forbes.comWhen You Outgrow Your iCloud StorageHow can I tell how much iCloud storage I have? Should I look at my iPhone or my computer?www.nytimes.com Your success blesses others. I wish you a great a hugely impactful week!