Searching for Signals in the Noisy World of Commercial Real Estate

One of my favorite things to do at the beginning of each year is google what experts think will be the top trends this year in commercial real estate. I know… kind of sad, but I’m always amazed that regardless of what the most recent hot take is about which sector of real estate is dead or over built, that the commercial real estate industry just keeps on adapting and chugging along.

This year I had some extra motivation as I was invited to speak at the Georgia REALTORS® Inaugural Conference and I really wanted to go beyond just showing what RPR Commercial can do for an hour and a half. My idea, let’s look at what industry experts are seeing and show how Realtors® can use RPR Commercial to identify opportunities locally and capitalize on those trends. The following slideshow highlights some of the examples we covered.

Nathan Graham

Nathan Graham

Director, Commercial Services at RPR

The Search for Balanced Omni Channels (Warby Parker, UnZipit, Bonobos to name a few) - Ecommerce players are now looking to dip their toes in the bricks and mortar world.

RPR Attributes - Young Adults, Spending Online, Total Daytime Population

From Neglected Space to Ghost Kitchen (Cloud Kitchen, Kitchen United to name a few) - A new concept spurred by the use of food delivery services like GrubHub, restaurants are starting to build centralized no fuss kitchens to fulfill delivery only removing that aspect from their main dine in locations.

RPR Attributes - Young Adults, Spending on Dining Out, Total Population

Searching for Alternative Investments - Deloitte did a study showing as much of the core sectors of CRE are priced to perfection, investors are looking for alternatives like cell towers and health care including senior housing.

RPR Attributes - Seniors, Own a Home, Net Worth, Spending on Health Care

Looking to discover what attributes may be contributing to the success of a popular shared office space? Drop pin on the building, select your core customer area (10 min drive time), and search for the attributes that set the area apart.

Ready to look at these opportunities from an investors standpoint? Use Valuate® to forecast the expected returns for a long term hold, or run a back of the envelope analysis to project the profitability of a development project.

4 replies
  1. Tom Duncan
    Tom Duncan says:

    I’ve been trying to use RPR for a very long time, parts of it are very good – However, it can’t compete with CoStar/LoopNet when it comes to doing a search for available properties either for sale or lease and print those results in a report. When is that feature coming. The residential side has it…

    Reply
    • Nathan Graham
      Nathan Graham says:

      Hi Tom,

      I’ll speak to the easy question first which is printing out the listing search results on commercial. You can actually do this now by going to the search results screen and clicking print this page in the top right corner of the page. I’ll email you a screen shot shortly.

      As for the listings in the system it will be hard to get to the level of a researched platform for a few reasons, but we are excited to begin working with the NAR selected listing partner(s) to bring the listings on their sites in and pair those with our current partnerships across the country.

      Reply
  2. Dan
    Dan says:

    Where is the slide show? I like RPR, but there should be information contained within the actual link. Please supply better information when supplying a link from the teaser E-mail. Many times slide shows are lacking information to improve understanding or provide any educational benefit. Please provide useful information, not empty links.

    Reply
    • Nathan Graham
      Nathan Graham says:

      Hey Dan, Apologies for the delay in getting back to you I was out for the last two weeks. You should be able to see the slideshow in the middle of this article, it starts with Warby Parker and then you can go to the next side by clicking the arrow on the right side to see the attribute suggestion.

      I do agree though that the slideshow could be improved and will pass your comments along to the marketing team that puts them together.

      Every link on the email should take you to a blog post or a webinar so if you do encounter an issue with a “dead link” please email me directly and I’ll take a look.

      Reply

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