Recommended Reading: The 3 Best CRE Articles of the Week

Recommended Reading: The 3 Best CRE Articles of the Week

Every week, Hightower scours the web to find the most insightful, valuable articles in CRE across the office, retail, and industrial sectors. Here’s what we have for you this week.

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Simon, GGP Scoop up Aeropostale in Unexpected Move

Simon Property Group and General Growth Properties, the country’s two biggest mall owners, are getting understandably tired of stores in their properties closing and of the subsequent vacancies. So they couldn’t have been thrilled when Aeropostale, a large teen-apparel retailer based primarily in malls, filed for bankruptcy in May.

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Outdated Offices Being Converted Into Popular New Residences In Surprising Cities

The concept of converting older, obsolete office space into apartments and condos isn’t new. In fact, it’s been a popular way to revitalize large downtowns throughout the country—particularly along the East Coast, including Manhattan. However, what is new is that these conversions are now quickly expanding across other U.S. markets, such as the Midwest.

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Experts at Wharton Contemplate the Future of CRE

Tech disruption always feel new and scary, but it actually follows the same basic pattern every time it happens. Established players in massive industries assume they’re too big to lose market share to nimbler software companies until it’s already too late. So it was with Amazon and retail, Uber and taxis, Netflix and entertainment -- the list goes on and on.

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Driverless Trucks Are Going To Change the Industrial Landscape

Uber recently made headlines testing its self-driving cars in Pittsburgh and Google has been working on its own for years, but something you dont hear a lot about is self-driving trucksand thats likely to change. Many of Americas largest companies realize the benefits promised by driverless trucks and experts are already saying municipalities, developers and investors alike need to start considering the impact they will have on commercial real estate.

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Target and Other Big Box Retailers Trying Out Small, Flexible-format Stores

Perhaps bigger isn’t always better, at least when it comes to store size. Giant retailer Target’s mantra appears to be “go small, go flexible, and go urban,” as it adapts its stores to fit different locations and lifestyles.

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Recommended Reading: The 3 Best CRE Articles of the Week

 Every week, Hightower scours the web to find the most insightful, valuable articles in CRE across the office, retail, and industrial sectors. Here’s what we have for you this week.

Read More

Why Retailers Are Embracing Kiosks

Kiosks — the the islands of retail among a sea of foot traffic — provide a symbiotic relationship between creative retailers and landlords. For that reason, the kiosk business is expanding. From now until 2021, it is expected to have a growth rate of 4.7 percent.

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10 Unique Coworking Spaces Attracting Remote Workers

Coworking spaces are officially the new places to do business, with office-rental companies like WeWork (valued at $16 billion) leading the pack.

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4 Ways to Use Instagram for Your CRE Leasing Business

Instagram has long been a popular social media platform for residential brokers, but there has been developing popularity within the commercial community over the past several months. It might not be as effective as other social media channels for lead generation and identifying new prospects, but, as the WSJ recently reported, it is the leading platform for branding.

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