305. Unconventional Ways to Make Money from Commercial Real Estate - Brokers Round Table
MAR 17, 202530 MIN
305. Unconventional Ways to Make Money from Commercial Real Estate - Brokers Round Table
MAR 17, 202530 MIN
Description
<p data-rte-preserve-empty="true" style="white-space:pre-wrap;">Key Takeaways:</p><p data-rte-preserve-empty="true" style="white-space:pre-wrap;">Unconventional ways to monetize commercial real estate include renting out parking spaces, using excess land for storage containers, implementing digital billboards/signage, and leveraging technology and experiential elements.</p><p data-rte-preserve-empty="true" style="white-space:pre-wrap;">In the industrial sector, there is a "tale of two cities" scenario, with oversupply in big box warehousing but high demand for smaller manufacturing spaces.</p><p data-rte-preserve-empty="true" style="white-space:pre-wrap;">Retail faces challenges due to supply constraints and high construction costs, making it difficult for tenants to afford the rents.</p><p data-rte-preserve-empty="true" style="white-space:pre-wrap;">The office market is poised for a potential bull market, but will require creative destruction and adaptation to changing space needs post-pandemic.</p><p data-rte-preserve-empty="true" style="white-space:pre-wrap;">Integrating technology, such as VR, digital signage, and IoT, can enhance the value and attractiveness of commercial properties.</p>