Bookmarks: 5 Interesting Articles That May Help You This Week

September 17th, 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.

Credit: iStock

How to Protect Your Cellphone (and Your Data) When You Travel

“Many travelers consider their cellphones essential when they’re on the road and rely on it for taking pictures and texting to using it to find their way around.

So what do you do if your phone gets lost, stolen or breaks when you’re abroad? How can you prevent it from happening in the first place? Brandon Bogle, a cellphone expert for Asurion, a company that provides insurance for consumer electronics, has plenty of advice on the subject and shares his tips below.” www.nytimes.com

I Made One Simple Financial Change and It Lowered My Spending: After reporting on personal finance, I used behavioral economics on myself

“A few years ago, when I was reporting a story on personal finance, I became fascinated by a concept that behavioral economists call the “pain of paying.” The phrase refers to the psychological discomfort experienced when parting with one’s money, and it varies by medium: At one extreme would be painstakingly counting out each penny at the register (a high pain of paying, because of how tactile the transaction is), and near the other would be credit cards (which, by postponing payment and offering rewards programs, ease the agony of depleting funds).” www.theatlantic.com

The New Rolodex: Your Web Of Support Is Critical To Success

“Regardless of what you call this support system – your Rolodex, personal board of directors, your network – quality mentoring relationships have powerful, positive effects on young people across personal, academic, and professional situations. According to MENTOR: The National Mentoring Partnership, mentoring can create important personal growth and development, as well as social and economic opportunity.” www.forbes.com

The Open Office Concept: Science Still Can’t Decide If It’s Good For Us

“The open office concept, it seems, is still open to debate.

A study published in the journal Occupational & Environmental Medicine this month found that workers in open offices are less stressed and more active than cubicle workers, perhaps because they move around more to interact with colleagues.

At the same time, past research, like that published by Harvard researchers in July, has found that people who work in open offices are less likely than cubicle dwellers to collaborate or interact with their colleagues.

Though the studies didn’t examine the exact same factors, their outcomes seem to send mixed messages, proving—if nothing else—that science has yet to give us a clear-cut verdict on open office plans.” www.fortune.com

After 17 Years, Memories Of 9/11 Still Fresh For Atlanta’s CRE Industry

Pleased to be included in this article: “At the same time, Cushman & Wakefield Executive Director Ken Ashley was working at One Atlantic Center, one of Atlanta’s tallest skyscrapers. Ashley said he heard murmurs of a plane hitting the Twin Towers on the way up the elevator, but the details were unclear and confusing. When he got to his office, he immediately fired up his web browser to CNN.com. “And it wouldn’t load,” Ashley said. “That’s when I began to realize that there was something bigger than just your average everyday problem.”

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

Bookmarks: 5 Interesting Articles That May Help You This Week

September 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.

Credit: iStock

Habits Of Mentally Strong People, And How They Can Help You Succeed

“The first productive thing that mentally tough people do is wake up in the morning and get out of bed. They go to bed and wake up early so that they are clearheaded to accomplish the jobs at hand. They don’t hit the snooze button 10 times because they have been out late at night partying. Nor do they hide under the covers ruminating about past failures, things that have gone wrong in their lives or obsessively mull over past slights and humiliations. They summon up the strength to block out any negativity and get out of bed at an early hour.  Mentally strong people already have a game plan prepared for what they will do that day. They already know the tasks at hand and get started right away. It doesn’t necessarily mean that they are happy about everything they need to do, but they attack it anyway.

Mentally strong people face the day unafraid of failure. They understand that failing is part of the process. It is a learning experience for them. They take notes and learn lessons of what not to do in the future. Even if they fail, usually they will have learned some new skills to use in future plans. These folks will brush themselves off, get up and start all over again. Of course, they are not giddy with enjoyment that things didn’t turn out the way they wanted, but it doesn’t ruin them emotionally.” www.forbes.com

The Open Office Concept: Science Still Can’t Decide If It’s Good For US

“The open office concept, it seems, is still open to debate.

A study published in the journal Occupational & Environmental Medicine this month found that workers in open offices are less stressed and more active than cubicle workers, perhaps because they move around more to interact with colleagues.

At the same time, past research, like that published by Harvard researchers in July, has found that people who work in open offices are less likely than cubicle dwellers to collaborate or interact with their colleagues.

Though the studies didn’t examine the exact same factors, their outcomes seem to send mixed messages, proving—if nothing else—that science has yet to give us a clear-cut verdict on open office…” www.fortune.com

The #1 Office Perk? Natural Light

“…a new survey by my HR advisory firm Future Workplace called “The Employee Experience” reveals the reality is that employees crave something far more fundamental and essential to human needs. In a research poll of 1,614 North American employees, we found that access to natural light and views of the outdoors are the number one attribute of the workplace environment, outranking stalwarts like onsite cafeterias, fitness centers, and premium perks including on-site childcare (only 4-8% of FORTUNE 100 companies offer on-site child care).

The study also found that the absence of natural light and outdoor views hurts the employee experience. Over a third of employees feel that they don’t get enough natural light in their workspace. 47% of employees admit they feel tired or very tired from the absence of natural light or a window at their office, and 43% report feeling gloomy because of the lack of light.” www.hbr.org

[WSJ paywall] Walmart Tries Out Own Home-Delivery Service

“Walmart Inc. is testing its own network of independent delivery drivers as it aims to offer home grocery delivery to 100 metro areas by the end of the year. The retail giant said Wednesday it will begin using Spark Delivery, a crowd-sources delivery drivers network named after Walmart’s yellow star logo, to accomplish its grocery delivery goals.” www.wsj.com

Facebook Is Bingeing on Bay Area Real Estate

“Since Facebook Inc. arrived in Menlo Park, California, seven years ago, the town has been overrun by construction cranes, orange safety cones and truckloads of building materials to transform a former industrial area into a sprawling campus that can support a $500 billion tech giant.

So big are the ambitions that the company plans to redevelop whole swaths of the land it holds in the Silicon Valley city, potentially doubling its workforce there over the next decade to 35,000 people—more than Menlo Park’s current population.

Even that won’t be enough for its expansion plans.

“We continue to grow,” John Tenanes, the company’s head of facilities, said in a conference room overlooking a salt marsh in Facebook’s newest Menlo Park office, a Frank Gehry-designed building called MPK 21 that opened last week. “We’re at a point where we needed more space, and this area couldn’t keep up.” www.bloomberg.com

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

Bookmarks: 5 Interesting Articles That May Help You This Week

September 4th, 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.

Credit: iStock

WeShip? | UPS Launches On-Demand Warehouse and Fulfillment Platform

As online shoppers become more insistent on fast, free shipping, the pressure is on shippers to store and fulfill orders closer to their ultimate destination. At the same time, available warehouse space has been dropping steadily for years. And for smaller shippers, multiple warehouse contracts, if they can be found, can be too much to afford and manage.

Furthermore, even medium to large companies with seasonal spikes in business often struggle to find seasonal space or own space that is underused most of the year.

New sharing-economy services seek to solve this problem by matching warehouses and merchants based on the products, order volume, space requirements and delivery needs.  www.supplychaindive.com

The 14 Most Active VC Investors in US Real Estate Tech

“The US real estate market is booming—and so is the real estate tech industry.

In 2008, businesses in the real estate tech space in the US brought in a total of $41 million across just seven deals, according to the PitchBook Platform. Contrast those numbers with what’s happening a decade later: So far in 2018, companies in the category have raised a total of $1.3 billion across 73 deals—and there are still four months left in the year.” www.pitchbook.com

8 Ways Generation Z Will Differ From Millennials In The Workplace

Generation Z is composed of those born between 1995 and 2010, which means that the oldest are about 22 and are just entering the workforce. The media has focused a lot on millennials in recent years, but it’s time to turn some of the attention to the millennials’ future co-workers. Gen Zers have a lot in common with millennials, but there are also many ways in which the two generations differ.” www.forbes.com

Solopreneurs Swear By These Tech Tools To Streamline And Get More Done

One of the keys to success is to surround yourself with people whose strengths are your weaknesses. You don’t have to be great at everything to be a successful entrepreneur, you simply have to recognize the things that aren’t your strengths and then find people who possess those skills and work with them to achieve your goals.

This is why freelancers are a great asset to any business. Without the budgets to hire a team in-house it can be tough to achieve the goals you have set for your business. But apps like Upwork allow you to tap into a whole world of skilled freelancers who are ready to work for you.” www.forbes.com

San Francisco is Bringing Back Banned Electric Scooters – With Limits

“The scooters are back in town.

Three months after ejecting the networks of shared, sidewalk-cluttering vehicles from the city, officials with the San Francisco Municipal Transportation Agency announced today the two winners of its e-scooter pilot sweepstakes: Scoot and Skip.

The city chose the companies from a crowded field of 12, which submitted a collective 800 pages in proposals on their operations, safety, and plans to extend the scooter bounty to San Francisco’s neighborhoods. Skip and Scoot now have the right to operate at least 625 scooters each in the city—a number that could eventually double. Scooter lovers, mark your calendars: The agency says it will finalize the companies’ permits by October 15 at the latest. They’ll be good for a year.” www.wired.com

 

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

Bookmarks: 5 Interesting Articles That May Help You This Week

August 20th, 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.

Credit: iStock

Do Millennials Prefer Cities or Suburbs? Maybe Both.

With all that people get wrong about these people, maybe it should be no surprise that nobody can say for sure where they really want to live. Researchers have arrived at two different conclusions. One is the back-to-the-city thesis, which asserts that young adults prefer the bustle and diversity of the urban landscape to the fading suburban dream. The other argument holds that, secretly, Millennials prefer the suburbs; they just haven’t made it there yet, or they’re being overlooked. It’s the Laurel vs. Yanny debate tearing geography apart. www.citylab.com

“The Democratic former president decided not to join corporate boards or give speeches for big money because, he says, he didn’t want to “capitalize financially on being in the White House.”

Presidential historian Michael Beschloss said that Gerald Ford, Carter’s predecessor and close friend, was the first to fully take advantage of those high-paid post-presidential opportunities, but that “Carter did the opposite.”

Since Ford, other former presidents, and sometimes their spouses, routinely earn hundreds of thousands of dollars per speech.

“I don’t see anything wrong with it; I don’t blame other people for doing it,” Carter says over dinner. “It just never had been my ambition to be rich.” www.washingtonpost.com

Where Even Walmart Won’t Go: How Dollar General Took Over rural America

“Dollar General is opening stores at the rate of three a day across the US. It moves into places not even Walmart will go, targeting rural towns and damaged inner-city neighbourhoods with basic goods at basic prices – a strategy described by a former chief executive of the chain as “we went where they ain’t”.

The chain now has more outlets across the country than McDonald’s has restaurants, and its profits have surged past some of the grand old names of American retail. The company estimates that three-quarters of the population lives within five miles of one of its stores, which stock everything from groceries and household cleaners to clothes and tool.” www.theguardian.com

The Cognitive Biases Tricking Our Brains

“Present bias shows up not just in experiments, of course, but in the real world. Especially in the United States, people egregiously undersave for retirement—even when they make enough money to not spend their whole paycheck on expenses, and even when they work for a company that will kick in additional funds to retirement plans when they contribute.

That state of affairs led a scholar named Hal Hershfield to play around with photographs. Hershfield is a marketing professor at UCLA whose research starts from the idea that people are “estranged” from their future self. As a result, he explained in a 2011 paper, “saving is like a choice between spending money today or giving it to a stranger years from now.” The paper described an attemptby Hershfield and several colleagues to modify that state of mind in their students. They had the students observe, for a minute or so, virtual-reality avatars showing what they would look like at age 70. Then they asked the students what they would do if they unexpectedly came into $1,000. The students who had looked their older self in the eye said they would put an average of $172 into a retirement account. That’s more than double the amount that would have been invested by members of the control group, who were willing to sock away an average of only $80….” www.theatlantic.com

Tech Workers Call the Shots for Space

“With unemployment below 4%, companies are focusing on making smart decisions about their space– decisions that keep their employees happy and engaged,” said Revathi Greenwood, Americas head of research at Cushman & Wakefield. “Landlords are playing a critical role as well–ensuring their buildings stay competitive with a good mix of amenities and affordable parking, and of course concessions where necessary to attract top tenants.”

And not surprisingly, Millennials are driving a bulk of those decisions. Now the largest generation in the workforce, Millennials are driving the agendas of how companies operate, what workplaces look like and what technology is expected.” www.globest.com

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

Bookmarks: 5 Interesting Articles That May Help You This Week

July 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.

Credit: iStock

Here’s How America Uses Its Land

From sea to shining sea!

www.bloomberg.com

The 5-Hour Rule Used by Bill Gates, Jack Ma and Elon Musk

“Productivity expert Choncé Maddox writes, “It’s no secret that successful people read. The average millionaire is said to read two or more books per month.” As such, she suggests everyone “read blogs, news sites, fiction and non-fiction during downtime so you can soak in more knowledge.” If you’re frequently on the go, listen to audiobooks or podcasts.” www.entrepreneur.com

Her Company Was Growing, So Why Was It Failing?

[Podcast] “Just Between Friends is a nationwide franchise that runs consignment events. About a decade ago, it experienced a crazy jolt: It sold more franchise units than it ever had… and that fast growth nearly bankrupted the company. Why? Because here’s the difficult truth about growing a business: Not all growth is equal. Sometimes, growth in one part of your business can harm another part of your business. So to fix the problem, Just Between Friends had to hit pause and consider some very important questions: What’s the right way to grow? And what does it really take to get there?” www.forbes.com

The Freshest Ideas Are in Small Grocery Stores

“Most North Americans still buy their food at the classic supermarket, with its wide aisles and seemingly limitless choices. But stores like Kroger, the nation’s largest chain with more than $105 billion in sales in 2017, are being cannibalized by a host of discount competitors like Dollar General and Aldion one side, and by the growing dominance of Amazon and online delivery on the other.

“By and large, supermarkets are kind of behind the eight ball” in responding to changes in how people shop, said Diana Smith, the associate director of retail and apparel for the market research company Mintel.

Customers, especially younger ones, want stores that offer what some industry analysts have come to call “food experiences,” with craft beer on tap, meals to go and vegetable butchers. They tend to shop only when they cook, visiting more than one store to collect ingredients, rather than making a weekly trip to stock the pantry with toilet paper, chuck roast and gallons of milk.” www.nytimes.com

Truckers Looking to Haul in More Profits

[Paywall] “Trucking companies are hoping to turn the most robust freight market in a generation into stronger long-term financial footing.
Carriers are raising rates and investing in new equipment as a monthslong rally in transportation demand gives them the upper hand in setting prices with shippers.

Analysts expect strong results across the sector over the next two weeks as fleets report earnings. Capacity remains tight this summer, normally a slack period for freight, and some trucking companies are turning down loads for lack of available trucks.

“We should still see good margin performance from truckers,” said Brad Delco, a transportation analyst with Stephens Inc. “Supply-demand dynamics remain tight, and as a result pricing has been strong, partially offset by the need to raise driver wages.” www.wsj.com

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

Bookmarks: 5 Interesting Articles That May Help You This Week

July 3oth, 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.

Credit: iStock

How Social Experience & Transportation Shaped the Last 10-Years of CRE Development

“Elie Finegold: The forces (converging to change the CRE world are):

  • Radical mobility – the ability for people to do all sorts of work and tasks from anywhere
  • Service economy – the sharing of assets in an efficient way across a network of people
  • Autonomy – drastically reduce the cost of moving people and goods around urban environments

All of this is part of a transportation network that is increasingly seamless, increasingly purpose built for going whatever distance you want, increasingly available on-demand, and the cost of which will decrease as autonomy becomes part of the equation. So it’s not just about people going places, it’s also about things coming to you. All of these things together, I still believe, will be one of the most profound shifts in the way that the built environment is utilized, since the invention of the mass-produced automobile.” www.disruptcre.com

Atlanta’s Changing Transportation Ecosystem

“Atlanta’s traffic woes are a well-known story. Despite having the nation’s 9th largest transit system, we are still an auto-centric city and region, rife with congestion along our main corridors. The lesser known story, perhaps, is the remarkable level of investment and coordination currently underway among our state and regional agencies to make significant changes in how Atlantans move around and through the region.” www.atlanta.uli.org

How to Cure Your Dread of Public Speaking

“Public speaking is so stressful for so many people that it is routinely used as a stress manipulation in psychological studies. Tell undergrads they have 10 minutes to prepare a speech that will be evaluated by experts, and their levels of the stress hormone cortisol shoot through the roof.

Yet success in many roles requires speaking in public. In addition to presenting in my classes, I typically give a talk per week in front of groups. People ask me if speaking gets me nervous. It does not. And I give a lot of credit to my fascination with stand-up comedy. While I’m not a comedian myself, I’ve been a fan of comedians and their process for a long time, and I think there are three lessons that anyone can learn from them about public speaking.” www.hbr.org

Much Of The US Electric Grid Could Go The Way of The Landline Phone 

IF YOU’RE OLD enough to remember landlines, maybe you remember the feedback loop that turned them from must-haves to luxury items. As customers started switching to mobile, the phone companies had to raise rates on the cord keepers to cover the cost of their telephone lines. That only pushed more people to defect, exacerbating the problem—and increasing the cost.

It’s this sort of feedback loop that worries Sonny Garg. He’s the head of energy research for Uptake Technologies and spearheaded the data analytics firm’s new report showing that over the past two decades, the investor-owned utilities that represent nearly half the US grid’s electrical load saw the effective cost of generating one megawatt of electricity rise 74 percent.

Making electricity, in other words, is becoming a less profitable business. And Garg worries that these costs will eventually reach consumers and send ripples throughout the economy. “You don’t need a huge amount of people to leave to cause a huge issue with the grid,” he says.” www.wired.com

What Not to Do When You’re Trying to Motivate Your Team

“When leaders look like they are just applying some “motivational technique” they read about, people see right through the superficial, obligatory effort. It looks like they are checking off the “I motivated someone today” box. Motivation is not something you do to people. People ultimately choose to be motivated — when to give their best, go the extra mile, and offer radical ideas. The only thing leaders can do is shape the conditions under which others do, or don’t, choose to be motivated. But the final choice is theirs.

Unfortunately, too few managers understand this, and so there is a gap between managers’ efforts and the results they’re getting. A 10-year study of more than 200,000 employees shows that 79% of employees who quit their jobs cite a lack of appreciation as a key reason, and according to Gallup’s 2017 “State of the American Workplace” report, only 21% agree their performance is managed in a way that motivates them to do outstanding work. Here are three of the most offensive forms of “motivating” I’ve seen managers employ, and three alternative approaches I’ve seen work wonderfully.” www.hbr.org

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

Bookmarks: 5 Interesting Articles That May Help You This Week

July 23rd, 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.

Credit: iStock

How Amazon’s Expanding U.S. Brick-and-Mortar Footprint Stacks up Against Other Big Retailers

“Whole Foods locations make up close to 80 percent of Amazon stores across the U.S., underscoring the importance of the $13.7 billion Whole Foods acquisition for the company’s brick-and-mortar push.

Thanks to the Whole Foods deal, Amazon is breathing down the necks of traditional retailers like Sears and Macy’s, both of which have closed stores this year. However, Walmart dwarfs Amazon’s footprint with 5,295 stores across the county. Kroger (2,779 stores), Home Depot (1,981), Target and Best Buy (1,328) each boast a much larger national footprint as well.

Unlike many of these companies, which have been building stores for decades, Amazon is new to the physical retail world. Amazon opened it’s first brick and mortar store, Amazon Books, in Seattle’s University Village mall in 2015.” www.geekwire.com

Why Theme Parks are Spending Millions to Give Guests Free Wi-Fi

“We are constantly evaluating needs and introducing new technology in the parks to enhance the guest experience,” said Liz Jaeger, a spokeswoman for the Disneyland Resort.

But theme parks are not investing in free internet service just to keep tech-loving guests like Barrie happy. There is big money to be made with in-park Wi-Fi because it lets guests promote the park on social media and it gives the park access to valuable data about visitors.

Enthusiastic fans wait in line to be the first to enter the Wizarding World of Harry Potter at Universal Studios Hollywood before sunrise in 2016. Wireless internet helps theme park guests post images from such attractions.
Enthusiastic fans wait in line to be the first to enter the Wizarding World of Harry Potter at Universal Studios Hollywood before sunrise in 2016. Wireless internet helps theme park guests post images from such attractions. (Al Seib / Los Angeles Times) 

Industry experts note that videos, pictures and messages dispatched from theme parks to social media sites help promote the parks to millions of potential guests on Twitter, Facebook, Instagram and Snapchat, among other sites. Last year, Disneyland was the most Instagrammed location in the world, according to the photo-sharing app.

“There is an entire new industry of people posting pictures, going live, streaming while at a theme park or creating photo reports,” said Martin Lewison, a theme park expert and business management professor at Farmingdale State College in New York.” www.latimes.com

The Power of Positive People: Are your friendships giving you a boost or bringing you down?

“I argue that the most powerful thing you can do to add healthy years is to curate your immediate social network,” said..one expert, who advises people to focus on three to five real-world friends rather than distant Facebook friends. “In general you want friends with whom you can have a meaningful conversation,” he said. “You can call them on a bad day and they will care. Your group of friends are better than any drug or anti-aging supplement, and will do more for you than just about anything.” www.wsj.com

What Not to Do When You’re Trying to Motivate Your Team

“When leaders look like they are just applying some “motivational technique” they read about, people see right through the superficial, obligatory effort. It looks like they are checking off the “I motivated someone today” box. Motivation is not something you do to people. People ultimately choose to be motivated — when to give their best, go the extra mile, and offer radical ideas. The only thing leaders can do is shape the conditions under which others do, or don’t, choose to be motivated. But the final choice is theirs.

jul18_16_940190064

H.ARMSTRONG ROBERTS/CLASSICSTOCK/GETTY IMAGES

Unfortunately, too few managers understand this, and so there is a gap between managers’ efforts and the results they’re getting. A 10-year study of more than 200,000 employees shows that 79% of employees who quit their jobs cite a lack of appreciation as a key reason, and according to Gallup’s 2017 “State of the American Workplace” report, only 21% agree their performance is managed in a way that motivates them to do outstanding work. Here are three of the most offensive forms of “motivating” I’ve seen managers employ, and three alternative approaches I’ve seen work wonderfully.” www.hbr.org

Why Duke Realty Believes There’s Plenty of Room for Development in the Industrial Sector

NREI: What underlies that “pretty good” feeling?

(Duke CEO) Jim Connor: You’ve got 4.5 percent vacancy nationwide. It’s the lowest it’s been as long as anybody can remember, and they’ve been keeping records 25-plus years. We keep predicting every year that supply is finally going to catch up with demand, and it still hasn’t happened yet. Based on activity, I don’t see that trend changing. When you’ve got that low of a vacancy rate, it allows us to keep the occupancy rate in our portfolios ridiculously high. Our in-service portfolio is 97.5 percent leased [as of the first quarter of 2018], and with that you get great, strong rent growth numbers.

The challenge for us—and there’s always a downside with the upside—is we’re really in favor right now, so there’s a ton of capital chasing industrial. Even though interest rates have gone up 50 to 60 basis points in the last eight or nine months, we’ve seen cap rates on industrial compress 25 basis points, and maybe more in some cases. So, there’s a lot of competition out there. www.nreionline.com

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

Bookmarks: 5 Interesting Articles That May Help You This Week

July 16th, 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.

Credit: iStock

Commercial Real Estate Implications of the Steel and Aluminum Tariffs

“The most important thing developers and contractors can do to minimize risk is to include clear contractual roadmaps for addressing eventualities such as price increases on raw materials.” www.nreionline.com

Watch Out, Retailers. This is Just How big Amazon is Becoming

“You knew Amazon was big. But did you know it was this big?

Amazon’s e-commerce sales in the U.S. are expected to reach a staggering $258.2 billion this year, up nearly 30 percent from a year ago, according to a new survey from eMarketer that looks at the company’s sales by product category.

That means Amazon is expected to capture nearly half of the U.S. e-commerce market by the end of 2018, eMarketer said. The company ended 2017 with about 44 percent of the market.” www.cnbc.com

People on Higher Floors of Office Buildings Tend to Take More Risks (WSJ Paywall)

This Scrappy Startup Wants To Save Family Farms. But Big Ag Is Fighting Back

“Based south of the San Francisco airport and backed by nearly $200 million in venture capital—from the likes of T. Rowe Price, Temasek, Kleiner Perkins and GV (Google’s VC arm), among others—FBN is trying to do nothing less than save America’s family farms while also building what its brash CEO, Amol Deshpande, hopes will become “the biggest agricultural business in the world.” The startup’s founders, Deshpande, 40, and Charles Baron, 34, want to shift leverage from giant manufacturers like DowDuPont and Monsanto. Collectively, farmers produce nearly $200 billion worth of crops a year, but individually they have little bargaining power. By bringing them together, FBN’s sprawling operation helps farmers get better prices on both the goods they buy and the crops they sell. As it spends heavily to sign up farmers and build its online store, the startup has yet to turn a profit. But it expects revenue of $200 million this year, up from $72 million in 2017, and Deshpande and Baron are already talking about an IPO.

“What they are doing is amazing in terms of its business potential and its social impact,” says Nancy Pfund, founder of DBL Partners, an investor in FBN and a descendant of farmers. “Certainly big data is in vogue, but information is not enough. You’ve got to bring farmers together so they can level the playing field.” www.forbes.com

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

 

Bookmarks: 5 Interesting Articles That May Help You This Week

July 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.

Credit: iStock

5 Minutes Early Is On Time; On Time Is Late; Late Is Unacceptable

An old but certainly a goody! “I have a magic pill to sell you. It will help you make more money, be happier, look thinner, and have better relationships. It’s a revolutionary new pharmaceutical product called Late-No-More. Just one dose every day will allow you to show up on time, greatly enhancing your life and the lives of those around you.

All joking aside, being late is unacceptable. While that sounds harsh, it’s the truth and something that should be said more often. I don’t care if you’re attending a dinner party, a conference call, or a coffee meeting – your punctuality says a lot about you.” www.forbes.com

The Secret to Disconnecting? Bring Back the ‘Away’ Message – (WSJ Paywall)

“When you head out on vacation this summer, you will want to properly get away. No checking in with the office, no sneaking a peek at your inbox and no occasional Twitter browsing just in case Beyoncé drops another surprise album. With the help of an out-of-office email responder and a little bit of willpower, you might even pull it off.” www.wsj.com

Can Silicon Valley Disrupt How We Build?

4 Keys to Staying Healthy in Open Office Layouts

“You can have the best system in the world, but if your facility manager isn’t cleaning the screens or the filters, the air quality is definitely not going to be great,” said Lessard, noting that routine upkeep is critical, as well..” www.amny.com

Duke Long’s Updated 2018 Top 150 Commercial Real Estate People You Must Connect With On LinkedIn.

Honored to be on Duke’s list!  www.dukelong.com

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

Bookmarks: 5 Interesting Articles That May Help You This Week

July 2nd, 2018

Happy 4th of July week!

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.

Credit: iStock

How Retail Real Estate Continues To Change

“The changes in consumer shopping behavior continue to create upheaval in the business of retail real estate. As certain kinds of space become less valuable or obsolete, the arrangements that landlords and tenants make has had to adapt. I recently sat down with four partners from Goulston & Storrs, a law firm with one of the largest retail real estate practices in the United States, and asked them what they’re seeing in the market right now.” www.forbes.com

Why Venture Capitalists Are Investing Billions Into Real Estate Technology

“The bottom line? Now is the time to get involved with real estate technology.

4 Keys to Staying Healthy in Open Office Layouts

“You can have the best system in the world, but if your facility manager isn’t cleaning the screens or the filters, the air quality is definitely not going to be great,” said Lessard, noting that routine upkeep is critical, as well..” www.amny.com

10 Examples of Companies With Fantastic Cultures

“Having great company culture is no longer just an option. Today’s workers consider it as much as they consider salary and benefits. In fact, fantastic company culture is almost expected along with other traditional benefits.

While the culture that works for one company might not work for another, you can learn a lot from companies who are doing it right, and get started on company culture hacks of your own.” www.entrepreneur.com

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