Bookmarks: 5 Interesting Articles That May Help You This Week

June 18th, 2018

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! 

Credit: iStock

How to Give a Webinar Presentation

“One often-overlooked element is ensuring you’re able to maintain eye contact with the camera so that you appear to be looking viewers in the eye. Some platforms display video images in one corner by default — and if so, it’s likely that your eyes will drift over there, making you appear to be staring off to one side for no reason. Guard against this by familiarizing yourself with the platform and adjusting the default settings as needed.” www.hbr.org

Logistics 4.0: How IoT Is Transforming The Supply Chain

Why Space Matters: Density

“Occupiers have been allocating less square footage per employee, but that trend is starting to slow down as businesses grapple with the right balance of personal, private, communal, and break space. Cushman & Wakefield expects that more densification will occur in the coming years, but the pace will slow down as companies supplement most private space reductions with increases in shared space. This balancing act will result in less attention on purely reducing square footage per employee and more emphasis on the effectiveness and flexibility of the office space.” www.cushwake.com

Top Trends and Metrics to Watch in U.S. Office SpaceWhat’s In A Name? How And Why Landlords Rebrand Their Buildings

“PMRG recently rebranded the Peachtree Lenox Building, which it purchased in 2015, reverting it to its address, 3379 Peachtree. For PMRG President Bill Weghorst, the firm had a very practical, and modern, reason for the change: Uber. Focusing on the address as the name makes the building easier for people to locate. “Everybody now uses Uber and navigation [systems], and Peachtree Lenox means nothing,” Weghorst said. “You can make the whole building newer just by doing that. It’s just an easy, inexpensive way to give a fresh feel to a property without spending any money.” www.bisnow.com

Your success blesses others. I wish you a great a hugely impactful week!

Bookmarks: 5 Interesting Articles That May Help You This Week

June 10th, 2018

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! 

Credit: iStock

The Richest Self-Made Woman In Real Estate Shares Her Best Advice

“I’d tell my 20 year old self, “do not let any obstacles stop you. Where there are obstacles there are also great opportunities. And most important, I’d drive home how important it is to get to know the people that truly make the decisions within the company you work for.” www.forbes.com

10 Career Lessons From Rags-To-Riches Immigrant Entrepreneur, The Donut King

The Donut King is the newly released autobiography by Ted Ngoy, a Chinese immigrant from a poor, single-parent household in Cambodia, who fled to the U.S. during the Khmer Rouge crisis, and made millions in mom-and-pop donut businesses, hence the moniker, The Donut King. It is a repeat rags-to-riches story because he lost his donut riches to gambling, rebuilt his fortune and career with completely different entrepreneurial ventures including stints in politics, agricultural and real estate, losing on some ventures and hustling continually into his 70s.

In Praise of Extreme Moderation

“Why does it seem like you can’t throw a paper airplane in some offices without hitting a person who is training for a marathon, planning a 10-day silent meditation retreat, or intending on scaling Kilimanjaro? On top of working 24/7 for a company that doesn’t pay overtime? Extremism is becoming the norm not only in our professional lives but increasingly in our personal lives as well, from politics and parenting to food and fitness.” www.hbr.org

Top Trends and Metrics to Watch in U.S. Office Space

“The current economic expansion, now the second longest in post-war history, continues to roll onward at a steady pace. This sustained growth is creating fierce competition for high-quality labor in most industries. Savvy commercial real estate executives are working alongside senior leadership in human resources and members of the C-suite to develop real estate strategies that attract and retain talent in the modern workplace. It is imperative for corporations to stay ahead of the changing commercial real estate trends.” www.blog.naiop.org

Your success blesses others. I wish you a great a hugely impactful week!

Bookmarks: 5 Interesting Articles That May Help You This Week

May 29th, 2018

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! 

Credit: iStock

What to Do With a Day Off

“Happy Memorial Day! If you’re fortunate enough to have the day off from work, the most important thing on your to-do list today is to actually take the day off. Studies have shown that “people only send 40 percent less email” on holiday Mondays compared with regular Mondays. (Thank you, smartphones and tablet

The Store (It Would Seem) Is Not Dead (at Least for Now)

Amazon isn’t going anywhere, so shops that would rather not shut down are adapting, resulting in a somewhat surprising retail renaissance.

How to Stick to a Schedule When You Work From Home

“We gave you some basics on how to work from home not too long ago, but this pitfall can be extremely hard to overcome. Maybe that flexible schedule keeps you from daily basics like exercising and eating, or maybe it just causes you to work 12 hour days without realizing where the time has gone. Whichever camp you fall into, it’s important to make sure your day doesn’t become a black hole.” www.nytimes.com

Email Is Dangerous

What we think of as email got its start in the 1970s, with recognizable email addresses, mailboxes, folders, and sending and receiving as we know it now. The network was tiny then, mostly grad schools flirting with the American military-industrial complex. The trust model was around a small homogenous group of technical people, largely known to each other. Because of this, there was no authentication of emails, and there were no privacy measures. Forgery was not only easy, but common. Anyone could send mails saying they were from anyone, and the people running the servers could read everything that went by.

Email’s privacy model was always based on courtesy: We wouldn’t look at the messages crossing the network that weren’t for us because that would be rude. It would be even more rude to change them, though system administrators did regularly insert strange messages or modify messages as pranks, or to get their users’ attention. Emails from God or Santa Claus were not unheard of.” www.theatlantic.com

Your success blesses others. I wish you a great a hugely impactful week!

Bookmarks: 5 Interesting Articles That May Help You This Week

May 21st, 2018

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! 

Credit: iStock

The End Of Parking Lots As We Know Them: Designing For A Driverless Future
“Over time, vehicles in autonomous ride-service fleets are expected to be electric, and as their numbers grow, the need for gasoline stations in city centers will drop. When that happens, it opens up a big source of real estate for redevelopment, as does the potential to create new uses for land dedicated to street-level parking.

“Think about all the real estate frontage of all our streets, if we take that back for people space, for green space, for amenity space, restaurants or cafes, right there on our city streets,” Cohen said. “This is our big opportunity as architects, designers and urban planners to take our city streets back.”  www.forbes.com

 

How the World’s Biggest Companies Are Fine-Tuning the Robot Revolution
“The big question surrounding automation has long been whether robots would compete with workers or help them. Initially, workers feared robots would destroy jobs across the economy. Scholarly research and real-life experience have eased that concern, although some types of workers and industries are ending up on the losing side.

Today, the question is more precise: In which industries does automation help both employer and employee?” www.wsj.com

How Retail Stores Can Thrive in the Age of Amazon
“In other words, with the old models for retail broken, or at least a good deal less sturdy, and rents finally in decline, risks are being taken. That willingness to experiment means that certain seemingly threatened — but perhaps more resilient than imagined — retailers such as bookstores are returning in new forms. Shakespeare & Co. is opening four stores, but they’re much smaller than the old ones, only 2,000-to-3,000 square feet, because new technology allows books to be printed and bound while you wait, minimizing the need for shelf space” www.thecut.com

Your success blesses others. I wish you a great a hugely impactful week!

Bookmarks: 5 Interesting Articles That May Help You This Week

May 14th, 2018

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! 

Credit: iStock

Why Automation In Real Estate Is A Blessing, Not A Curse
“As technology becomes an increasingly ubiquitous feature of real estate — and of modern life — most opposition to CRE tech has begun to dissipate. Just as Netflix’s value to consumers has eclipsed that of Blockbuster video stores and mobile GPS applications are superior to paper maps, the true benefits of technology are becoming abundantly clear to the real estate industry.

One of the few lingering concerns is that increased adoption of technology will result in job losses. But at its core, automation is about helping industry professionals perform their jobs better and should be embraced, not feared.”  www.forbes.com

Atlanta Office Is So Red-Hot, CRE ‘Is Pinching Itself To See If This Market Is Real’
“Atlanta’s real estate industry is pinching itself to see if this market is real,” Cushman & Wakefield Executive Director Ken Ashley said in an email. “Velocity in Atlanta’s office market is at a torrid pace. There is robust demand for space by companies of all sizes and from a variety of industries. Expansions are as common as millennials noshing on avocado toast.” www.bisnow.com

Ford: Tech Culture Can Rise From Ruins
“One way to compete is with stick and bricks” said Ken Ashley, executive director at Cushman & Wakefield, a real estate services firm. “younger workers are interested in creating impact. It feels good to work in a space that is historically significant.” www.autonews.com

Atlanta Office Is So Red-Hot, CRE ‘Is Pinching Itself To See If This Market Is Real’
“We are very pleased with this opportunity to provide a workplace environment that will enhance the effectiveness of our organization,” said Fred Burke, CEO of Guardian Pharmacy Services. “We are most appreciative of the excellent work done by Sam Hollis and Ken Ashley of the Cushman & Wakefield brokerage team in helping us locate here. We are impressed with the level of quality offered by the building owner, KBS Realty Advisors, and the expertise of the Cushman & Wakefield team managing the building. Our team looks forward to enjoying this office environment for many years to come.” www.bisnow.com

Your success blesses others. I wish you a great a hugely impactful week!

Bookmarks: 5 Interesting Articles That May Help You This Week

May 7th, 2018

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! 

Credit: iStock

How Much Should You Charge for a Speech?
“First, it’s always worth inquiring about their budget. If you don’t ask, conference organizers are delighted to never bring up money at all and assume you’ll speak for free. Raising the issue forces them to admit it would be pro bono, or allows you to start a conversation about fees. For instance, you can email them: “Thanks for getting in touch about your conference. It sounds really interesting. Can you provide some additional information about the topic you’d be interested in having me address, who the attendees will be, and your speaker budget?”.”  www.hbr.

Atlanta’s Cheap Office Stock, Talent Pool Have Made It A ‘Goldilocks’ For Back Offices
“Atlanta offers a not-too-hot, not-too-cold situation,” Ashley said. “It’s the Goldilocks of real estate.” New York City certainly has a vast pool of potential employee talent, but real estate costs make acquiring those heads expensive. At the same time, a place like Oklahoma City may have much lower-priced office space, but the reservoir of talent is not as deep, Ashley said. “It’s always easier to cut costs to help with profits than it is to sell more gear or services,” he said. “So back offices are relatively low-hanging fruit.”
www.bisnow.com

What to Do If Calls, Texts, and Coworker Drop-bys Are Stressing You Out
“As a time management coach, I’ve found that these reactions happen because one of the main keys to managing your own time is managing expectations with others. In a society where people have the ability to communicate instantly, a quick response can become an expectation. But it’s an expectation that we can’t always meet, especially when we’re trying to get work done. This gap between expectations and what we can actually do can lead to a lot of guilt, especially when it comes to the people closest to us. When left unaddressed, this guilt can manifest in a fight-or-flight response — we snap at people who interrupt or simply ignore attempts at connection..” www.hbr.org

Atlanta Office Is So Red-Hot, CRE ‘Is Pinching Itself To See If This Market Is Real’
Pleased to be quoted in the piece: ““Atlanta’s real estate industry is pinching itself to see if this market is real,” Cushman & Wakefield Executive Director Ken Ashley said in an email. “Velocity in Atlanta’s office market is at a torrid pace. There is robust demand for space by companies of all sizes and from a variety of industries. Expansions are as common as millennials noshing on avocado toast.” www.bisnow.com

Your success blesses others. I wish you a great a hugely impactful week!

Bookmarks: 5 Interesting Articles That May Help You This Week

April 30th, 2018

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! 

Credit: iStock

How Humble Leadership Really Works
“Leaders often do not see the true value of their charges, especially “lower-level” workers. But when leaders are humble, show respect, and ask how they can serve employees as they improve the organization, the outcomes can be outstanding. And perhaps even more important than better company results, servant leaders get to act like better human beings.”  www.hbr.org

Loft Office: The Hidden Cost
Our projections suggest that tenants of these loft office conversions can expect an increase in occupancy costs of anywhere from $2-$4/sf based solely on an increased tax pass through from the landlord.  That is roughly a 10% percent increase and it is possible that loft office conversions located in up and coming areas (like those near the Beltline) will see multiple tax reassessments during the term of a tenant’s lease.” www.evolutioncre.com

Workplace Advice I Wish I Had Known
“Remember the power of tact.” www.hbr.org

Atlanta Office Is So Red-Hot, CRE ‘Is Pinching Itself To See If This Market Is Real’
Pleased to be quoted in the piece: ““Atlanta’s real estate industry is pinching itself to see if this market is real,” Cushman & Wakefield Executive Director Ken Ashley said in an email. “Velocity in Atlanta’s office market is at a torrid pace. There is robust demand for space by companies of all sizes and from a variety of industries. Expansions are as common as millennials noshing on avocado toast.” www.bisnow.com

Your success blesses others. I wish you a great a hugely impactful week!

Bookmarks: 5 Interesting Articles That May Help You This Week

April 9th, 2018

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! 

Credit: iStock

Having Your Smartphone Nearby Takes a Toll on Your Thinking
“The results were striking: individuals who completed these tasks while their phones were in another room performed the best, followed by those who left their phones in their pockets. In last place were those whose phones were on their desks. We saw similar results when participants’ phones were turned off: people performed worst when their phones were nearby, and best when they were away in a separate room. Thus, merely having their smartphones out on the desk led to a small but statistically significant impairment of individuals’ cognitive capacity — on par with effects of lacking sleep.”  www.hbr.org

Life After Amazon: Why Whole Foods Will Not Become a ‘Conventional Grocery Store’
“…
Whole Foods remains a bridge to mass retailers. The chain’s product criteria are so rigorous that buyers from other companies view acceptance there as a badge of quality. The pack also looks to Whole Foods for merchandising trends. “In the eight months since we launched, I have sat in maybe 10 natural-channel chain meetings,” says Hirshberg. “And they have all asked what Whole Foods is doing with us.” www.inc.com

What to Do If Calls, Texts, and Coworker Drop-bys Are Stressing You Out
“As a time management coach, I’ve found that these reactions happen because one of the main keys to managing your own time is managing expectations with others. In a society where people have the ability to communicate instantly, a quick response can become an expectation. But it’s an expectation that we can’t always meet, especially when we’re trying to get work done. This gap between expectations and what we can actually do can lead to a lot of guilt, especially when it comes to the people closest to us. When left unaddressed, this guilt can manifest in a fight-or-flight response — we snap at people who interrupt or simply ignore attempts at connection..” www.hbr.org

Atlanta Office Is So Red-Hot, CRE ‘Is Pinching Itself To See If This Market Is Real’
Pleased to be quoted in the piece: ““Atlanta’s real estate industry is pinching itself to see if this market is real,” Cushman & Wakefield Executive Director Ken Ashley said in an email. “Velocity in Atlanta’s office market is at a torrid pace. There is robust demand for space by companies of all sizes and from a variety of industries. Expansions are as common as millennials noshing on avocado toast.” www.bisnow.com

Your success blesses others. I wish you a great a hugely impactful week!

Bookmarks: 5 Interesting Articles That May Help You This Week

March 12th, 2018

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! 

Credit: iStock

These are the top 2 contenders for Amazon’s HQ2, according to economists and housing experts
“Most said Northern Virginia and Atlanta are highly likely, while Los Angeles, the New York City area, and Miami are considered long shots.

Atlanta has ample space for Amazon to grow, a business-friendly regulatory climate, and very low housing costs — which could all be big selling points for the company. Northern Virginia is close to policymakers in DC and has an emerging tech industry.”  www.businessinsider.com

Ambitious Warehouse Project will Seek Twice The Usual Rent
Tractor trailers will haul loads to second floor of 3-story, $90M structure near JFK
“Real estate developer Triangle Equities has purchased a large parking lot near John F. Kennedy International Airport and plans to erect one of the city’s first multistory warehouse buildings there.

The company, along with an undisclosed pension-fund partner and investment firm Township Capital, paid $25.4 million for the roughly 3-acre site at 130-24 S. Conduit Ave. The group will spend roughly $90 million more raising a 300,000-square-foot, 3-story warehouse on the parcel.” www.crainsnewyork.com

What to Do If Calls, Texts, and Coworker Drop-bys Are Stressing You Out
“As a time management coach, I’ve found that these reactions happen because one of the main keys to managing your own time is managing expectations with others. In a society where people have the ability to communicate instantly, a quick response can become an expectation. But it’s an expectation that we can’t always meet, especially when we’re trying to get work done. This gap between expectations and what we can actually do can lead to a lot of guilt, especially when it comes to the people closest to us. When left unaddressed, this guilt can manifest in a fight-or-flight response — we snap at people who interrupt or simply ignore attempts at connection..” www.hbr.org

The Vast Difference Between Managing and Leading
“Authentic Leaders understand the difference between what gets managed and who gets led. Authentic Servant Leaders understand better than anyone that people who are led commit to the leader and their vision. They understand that people who are led will outperform people who are managed every single day.” www.stevekeating.me

Your success blesses others. I wish you a great a hugely impactful week!

Bookmarks: 5 Interesting Articles That May Help You This Week

March 5th, 2018

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! 

Credit: iStock

The Case For Minimalism
“As Will Rogers once said, I had become busy “spending money I hadn’t earned, to buy things I didn’t want, just to impress people I didn’t like.”” www.forbes.com

10 Principles for Leading Through Change: A Navy SEAL’s Approach
“When I reflect on my many mistakes as an entrepreneur and business leader, I find solace in leaning into the core principles that forge SEAL culture: We are not perfect but we are lifelong learners. We crave peer-to-peer feedback. We are forced to move at the speed these wars require yet must remain vigilant in being guided by the very values we fight to uphold.

And one of the fundamental foundations of our fight club’s culture is adaptability. We embrace the rigors of change and use it to our advantage. Our post-9/11 reality demands it. Our nation expects us to be physically harder and mentally tougher than our enemies. That is our burden of command and what drives our every deed. Resilience is the bedrock of our success both on and off the battlefield.” www.Forbes.com

5 Ways to Get Over Your Fear of Public Speaking
“If you find that fear inevitably gets in the way of your ability to speak in public, we have some good news for you. You don’t have to overcome your fear in order to be a good public speaker. It never goes away entirely. Instead, it’s about having less fear — think of it as being fear-less.” www.hbr.org

The Future of Amazon in the Age of Amazon
“But here’s the thing about the Mall of America: It’s fighting back. “I hear all this doom and gloom in the industry,” says the mall’s SVP of business development, Jill Renslow, with an upbeat, Midwestern delivery. “I’m like, ‘Folks! Keep your chin up! There’s so much opportunity!’ ” The mall completed a $325 million expansion in 2015, says Renslow, who started working there as an intern in the mid-1990s and has seen it endure recessions and upheaval before. A new 342-room JW Marriott has opened upstairs, and retailers like Zara and Anthropologie are being lured to the space. The mall is experimenting with new leasing models to attract pop-ups and younger players like Untuckit and Toms Shoes. Renslow, who is eager for people coming to Minneapolis for the 2018 Super Bowl this February to visit the mall and be surprised, doesn’t view Amazon as a competitor but as a partner; she recently worked with Amazon to install a set of pickup lockers at the mall. She believes retailers in general can “bring online shoppers to brick-and-mortar.” I ask her directly: Is physical retail dying? “Not at all!” she says.” www.fastcompany.com

Scenes From D-Day, Then and Now
“Tomorrow, June 6, 2014, will be the 70th anniversary of the D-Day Allied invasion of Europe in World War II. Seven decades ago, the largest amphibious invasion in history took place, changing the course of the war. Nearly 200,000 Allied troops boarded 7,000 ships and more than 3,000 aircraft and headed toward Normandy. Some 156,000 troops landed on the French beaches, 24,000 by air and the rest by sea, where they met stiff resistance from well-defended German positions across 50 miles of French coastline. Two photographers recently traveled to France, seeking to rephotograph images captured back then. Getty photographer Peter Macdiarmid and Reuters photographer Chris Helgren gathered archive pictures from the 1944 invasion, tracked down the locations, and photographed them as they appear today. Starting with photo number two, all the images are interactive — click on them to see a transition from ‘then’ to ‘now’, and see the difference 70 years can make.” www.theatlantic.com

Your success blesses others. I wish you a great a hugely impactful week!

Ken