How Tenants Can Win in Commercial Real Estate šŸ¢ (video)

Inside: Whatā€™s Next for Commercial Real Estate? A 10-Year Forecast šŸ¢

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Greetings, Commercial Real Estate Enthusiasts! šŸ¢

Weā€™re thrilled to have you here as we dive into some of the most exciting trends shaping the future of commercial real estate. Whether you're a tenant looking to gain an edge, a forward-thinking investor, or just curious about the intersection of sustainability and technology, thereā€™s something here for you.

Weā€™ll cover everything from game-changing strategies in lease negotiations to eco-friendly innovations that are setting new industry standards.

Grab your coffee, settle in, and letā€™s explore whatā€™s next in the world of real estate!

šŸ“° Upcoming in this issue

  • The Underdogā€™s Edge in Commercial Real Estate šŸ¢ (video)

  • Innovating for the Future: Sustainable Commercial Real Estate šŸŒ±

  • What Will the Real Estate Market Look Like in 2034? šŸ”®

The Underdogā€™s Edge in Commercial Real Estate šŸ¢ watch the full 31-min video here

Video published: September 13, 2024

In "1158: The Underdogā€™s Guide to Commercial Real Estate with Scot Ginsburg," Robert Plank and guest Scot Ginsburg dive into the often-overlooked tactics that can give tenants an edge in commercial real estate.

Ginsburg reveals that tenant representation is crucial for securing favorable leases, but most tenants miss out because they donā€™t ask for it.

With over 25 years in the field, he breaks down why regular reviews of real estate needsā€”well before the lease expiresā€”can save companies big bucks.

And donā€™t be afraid to ask for changes; you'd be surprised what landlords might agree to.

His firm? Itā€™s a one-stop shop for tenants, handling everything from lease negotiation to restructuring for financial relief.

Key Takeaways:

  • šŸ“Š Tenant representation is often overlooked: Tenants without proper representation risk unfavorable terms, missing out on better lease deals.

  • šŸ’” Regular real estate reviews pay off: Annual assessments can reveal cost-saving opportunities; waiting until the lease expires is risky.

  • šŸ” Watch out for hidden fees: Tenants frequently overlook operating costs snuck into lease agreementsā€”scrutinizing terms is crucial.

  • šŸ¤ Donā€™t be shy; ask for what you need: From early termination to rent reductions, negotiating can lead to unexpected financial wins.

Innovating for the Future: Sustainable Commercial Real Estate šŸŒ± read the full 764-word article here

Article published: September 12, 2024

In "Exclusive Q&A with Mitchell Voss: Innovating in Commercial Real Estate," Business Matters dives deep with Voss, the Founder and CEO of WindMass Capital, about how his firm is transforming the commercial real estate landscape.

Voss shares his passion for combining eco-friendly designs with cutting-edge technology, a commitment that has made his Chicago-based firm stand out in the industry.

His goal? To create properties that donā€™t just add economic value but also uplift communities and promote environmental sustainability.

With over 14 years of experience, Voss reveals the importance of innovation, citing augmented reality as a game-changing tool in real estate.

His advice for young entrepreneurs? Learn, network, and focus on long-term impact over quick profits.

Key Takeaways:

  • šŸŒ Sustainability is key: Voss prioritizes eco-friendly projects, creating spaces that benefit both the environment and future generations.

  • šŸ› ļø Augmented reality will revolutionize: AR technology will enhance how buyers and tenants visualize real estate, improving decision-making in the market.

  • šŸ¢ Historical redevelopments can thrive: Voss redeveloped a historic building, preserving its charm while integrating modern, sustainable technologies.

  • šŸ”— Strong relationships drive success: Building trust and integrity through relationships is the most effective marketing strategy in commercial real estate.

What Will the Real Estate Market Look Like in 2034? šŸ”® read the full 1,398-word article here

Article published: September 15, 2024

In "Real Estate Forecast Next 10 Years: The Future of Housing," Marco Santarelli of Norada Real Estate Investment lays out a fascinating roadmap for where the housing market is headed over the next decade.

Housing prices have soared, driven by factors like the pandemic and historically low interest rates, and the future holds even more shifts.

From hybrid homes designed to blend work and life to government intervention in affordable housing, the article explores how evolving demographics, technology, and climate concerns will reshape real estate.

And if you think prices will level off soon, think againā€”experts predict continued growth, especially in cities like San Francisco and New York.

Key Takeaways:

  • šŸ” The rise of hybrid homes: Expect flexible spaces blending work, play, and well-being, with smart home features as standard.

  • šŸ”® AI and AR will transform buying: Tech will power virtual tours, data-driven insights, and smoother real estate transactions using AI and blockchain.

  • šŸŒ³ Sustainability will be essential: Eco-friendly construction and climate-resilient designs will become the norm, driven by climate concerns.

  • šŸ’ø Affordability remains a challenge: Government policies and innovative housing models like co-living will aim to address the growing affordability crisis.

Why It Matters

The commercial real estate industry is evolving fast, and staying ahead of the curve could make all the difference in securing better deals, building more sustainable properties, and making informed investments. Whether youā€™re a tenant advocating for better terms, a developer eyeing sustainable growth, or an investor watching market trends, understanding these shifts will help you make smarter, more impactful decisions.

At the end of the day, real estate isn't just about spacesā€”it's about shaping communities, the environment, and the future.

Stay tuned, stay informed, and keep making moves that matter!

Until next week!

Anne Morgan
Editor-in-Chief
Commercial Real Estate Weekly

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